Consumer Protection — Business Studies STD 12 Commerce — Question
CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesConsumer Protection1 Mark
Question
Why 'Caveat Emptor' approach changed to 'Caveat Venditor'?
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Answer
The earlier approach 'Caveat Emptor' was 'Let the buyers beware' but with the coming of the consumer protection act, the approach changed to 'Caveat Venditor' which means 'Let the seller beware.'
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