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Why are rules and regulations required in the marketplace?
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Why are rules and regulations required in the marketplace?
Rules and regulations are required in the marketplace to protect the consumers against exploitation by the producers, sellers and service providers. They often indulge in unfair trade practices and provide false information about a particular service or product. Most of consumers are unaware about their rights and they are often deceived by the suppliers. So in the interest of the consumer, it is necessary to take action against suppliers and producers.
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Why are rules and regulations required in the marketplace?
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Why are rules and regulations required in the marketplace? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Why are rules and regulations required in the marketplace? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why are rules and regulations required in the marketplace?.
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