Consumer Exploitation
Consumer Exploitation: Overview
This Topic covers sub-topics such as Consumer in the Market and Exploitation of Consumer in Market
Important Questions on Consumer Exploitation
There is a need of rules and regulations for the protection of consumers in the market.
In the market place, consumers are exploited when-
In which of the following years, was Consumer Protection Act passed?
Producers can be arbitrary with respect to the quality and price of goods in -
Consumers instead of going to traders can place orders for the goods which are advertised on Television and other media is called as:
An advertisement by a multinational company shows a child drinking their food supplement or packaged health drink, and then winning a sports championship, while in reality, it is not necessary that such products are consumed by all the respective champions of any such sports.
This narrative is a clear case of which of the following instances?
In case, if there are no such consumer rights, then the onus of faulty purchase lies with who among the following?
Apart from the consumers, rules and regulations have been framed and executed to protect which of the following entities?
An individual can be termed as a consumer when she/he purchases which of these types of goods?
An individual participates in the market in which of the following capacities?
Rules and regulations are put in place to protect:
Read the statements below carefully and choose the correct option.
Statement : We need to keep a check on consumers and protect producers from exploitation by consumers.
Statement : Consumers can go to consumer courts and seek compensation for any damage depending upon the degree of damage.
Statement : Consumers do not have the right to choose what to buy.
_____ (Consumers/Producers)usually participate in the market by purchasing and availing goods and services.
What are the unfair methods that sellers use to exploit the consumer?
The seller has no responsibility once a sale is completed.
