Laws put in place to protect the consumer when they are shopping in any retail store.

Yes the given Statement is True.

Explanation:

Laws put in place to protect the consumers when they are shopping in any retail store. There are now consumer protection acts which protect the rights of the consumers. There are laws which make sure that consumers are treated fairly, Consumers are given proper awareness of the product which they are going to buy, consumers are protected against potential hazards. They also look for the choices that a consumer must have in the market, so that no company can take advantage of the only supplier of that product and may violate the protection act of consumers. Consumer protection laws also give consumer the right to seek protective legislation and legal help if problem arises.

answer decisions made by individual households and firms;