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Consumer Rights and Responsibilities

Chapter 23 Consumer Rights and ResponsibilitiesAfter completing this chapter, you will be able to: Section Consumer Rights Describe seven protections that are included in the Consumer Bill of Consumer Responsibilities Describe the Responsibilities of : What Responsibilities do I have for paying taxes on my investment earnings?A: Everyone is required to pay taxes on investments. The amount of taxes you owe on an investment is dependent on how much your investment grew, how long you held the investment, and on your tax bracket. Your tax bracket is the amount at which your regular income is taxed.

unsafe business practices. Over the years, three other rights were added: the right to have problems corrected, the right to con-sumer education, and the right to service. The Right to Be Informed As a consumer, you have a right to receive accurate informa-tion. Consumers can make wise decisions only if they have the information they need.

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