ICSE BoardEnglish MediumSTD 10Commercial StudiesCONSUMER PROTECTION2 Marks
Question
Why is protection of consumers necessary?
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Answer
Protection of consumers is necessary because consumers are weak and powerless against strong and powerful sellers. Consumers provide revenue to businessman and sellers have the responsibility to safeguard the interest of consumers. Protection of consumers is essential under the Consumer Protection Act 1986. Thus, protection of consumers is necessary both on moral and legal grounds.
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