State whether the following statement are true or false.Consumer … - Vidyadip

Question

State whether the following statement are true or false.Consumer protection has a moral justification for business.

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Answer

True, consumer protection has a moral justification for business. It is the moral duty of every business to protect the interests of its customers. Business organisations must follow ethical values and any form of exploitation of the consumers such as unfair trade practices, adulteration, etc. must be avoided.

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