Which of the following statements about the CPA is accurate?

The Consumer Protection Act (CPA) is fundamentally designed to protect consumers in their dealings with businesses, particularly in the context of sales and leases. Its primary focus is on ensuring that consumers are treated fairly and that they have access to the necessary information to make informed decisions. The Act addresses various aspects of consumer transactions, including misleading advertising, unfair contract terms, and consumer rights, thereby enhancing consumer protection.

The other statements do not accurately reflect the nature and purpose of the CPA. While the Act does indeed apply to a wide range of sales and leases, saying it is optional misrepresents its mandatory nature in specific contexts. Furthermore, the CPA explicitly includes provisions on warranties, which are a significant part of consumer rights in sales and leases. Thus, the accurate portrayal of the CPA as primarily focused on consumer protection underscores its essential role in fostering a fair marketplace.