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The primary aim is to protect consumers and address the issues they face in the market. |
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Fill in the blank: The transition from a seller market to a consumer market has shifted the principle from ___ to ___. |
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True or False: The Consumer Protection Act 2019 allows consumers to seek justice if cheated by businesses. |
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Riddle: I help you avoid unsafe products, and I’m a law that protects your rights as a buyer. What am I? |
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Consumers face risks such as health issues from unsafe products, physical harm from adulterated food, deception from misleading advertisements, and unfair costs due to overpricing, hoarding, and black-marketing. |
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Fill in the blank: In today's market, consumers are often referred to as ___ because businesses must prioritize their needs. |
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The sale of adulterated goods refers to products mixed with cheaper or harmful substances, compromising their safety and quality. |
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Fill in the blank: Sale of counterfeit goods refers to selling ___ that look like real ones but are of lower quality. |
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True or False: Supplying defective goods means offering products that work perfectly. |
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False. Supplying defective goods means selling items that do not work properly. |
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Riddle: I can look like a luxury item, but I’m just a cheap imitation. What am I? |
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What is the consequence of using malfunctioning weights and measures in sales? |
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Using malfunctioning weights and measures can lead to customers receiving less product than they paid for, such as being charged for a kilogram but receiving only 800 grams. |
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Fill in the blank: Black marketing and hoarding create a shortage, causing ___ to rise. |
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The primary aim of consumer protection is to safeguard consumers against harm, loss, or unfair practices in the marketplace. |
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What are the main reasons consumer protection is considered crucial from the consumer's perspective? |
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Consumer protection is crucial from the consumer's perspective because it addresses consumer ignorance about rights, organizes consumers into groups for advocacy, and safeguards against widespread exploitation through unfair trade practices. |
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Fill in the blanks: Consumer protection involves educating consumers about their ___ and responsibilities, as well as helping them resolve ___ when things go wrong. |
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True or False: The main objective of consumer protection is to prioritize the interests of businesses over those of consumers. |
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False. The main objective of consumer protection is to prioritize the rights and interests of consumers. |
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Riddle: I am the foundation that guards against deceit in the market, ensuring that consumers are not misled. What am I? |
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Enlightened businesses benefit from prioritizing consumer interests by achieving long-term success through satisfied customers who lead to repeat sales and positive word-of-mouth, ultimately expanding the customer base. |
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Fill in the blank: The exploitation of consumers can occur through unfair trade practices such as ___ and false advertising. |
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Consumer organizations advocate for consumer rights, help individuals file complaints against unfair businesses, and work to raise awareness about consumer rights and responsibilities. |
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The primary purpose of the Consumer Protection Act, 2019 is to safeguard and promote the interests of consumers by providing quick and affordable solutions to their complaints. |
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Fill in the blank: The Consumer Protection Act applies to all kinds of businesses, including ___ and ___. |