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Activity 3: IMPORTANCE OF THE LAWS Directions: Below are the laws described in the earlier part of this module. Based on the written description of each, write the importance of each law to you as a consumer. Laws Importance Traditional and Alternative Medicines Act (TAMA) Consumer Act of the Philippines or RA 7394 Cheaper Medicines Act or RA 9502

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Answer:

Consumer law helps to make sure that customers are aware of what they are buying, such as the ingredients in food; that advertising is fair and does not mislead; that debt collection is fair, and nearly every step in the buying and selling of goods is ordered towards creating a level playing field.

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