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What does the right to be informed guarantee to consumers?
- a)Ability to negotiate prices
- b)Accurate information about products and services
- c)Unlimited access to any goods
- d)Freedom from all regulations
Correct answer is option 'B'. Can you explain this answer?
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What does the right to be informed guarantee to consumers?a) Ability t...
The right to be informed guarantees consumers access to accurate information regarding the quality, quantity, purity, standard, and price of products and services. This right is essential for consumers to make informed purchasing decisions and to avoid being misled.
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What does the right to be informed guarantee to consumers?a) Ability t...
The Right to be Informed
The right to be informed is a fundamental consumer right that ensures individuals have access to essential information about products and services. This right empowers consumers to make informed decisions when purchasing.
Key Aspects of the Right to be Informed:
- Accurate Information: Consumers are entitled to receive truthful and clear information regarding the nature, quality, and pricing of products and services. This helps them understand what they are purchasing.
- Transparency in Advertising: Companies are required to provide honest advertisements that reflect the actual characteristics of their products. This protects consumers from misleading claims.
- Product Safety and Quality: Information about the safety and quality of products is crucial. Consumers should be informed about potential risks associated with a product, enabling them to make safer choices.
- Consumer Rights Awareness: The right to be informed also encompasses awareness of consumer rights and protections. Consumers should know their rights regarding returns, refunds, and warranties.
Why Option B is Correct:
- Empowerment through Knowledge: Option B emphasizes that consumers receive accurate information, allowing them to make knowledgeable choices. This is vital in a market filled with varied options.
- Comparison and Evaluation: With reliable information, consumers can compare different products and services, ensuring they get the best value for their money.
- Protection from Fraud: Accurate information helps safeguard consumers against fraudulent practices and scams, fostering a fair marketplace.
In conclusion, the right to be informed guarantees consumers the necessary information about products and services, enabling them to make sound purchasing decisions. This is why option B is the correct answer.
The right to be informed is a fundamental consumer right that ensures individuals have access to essential information about products and services. This right empowers consumers to make informed decisions when purchasing.
Key Aspects of the Right to be Informed:
- Accurate Information: Consumers are entitled to receive truthful and clear information regarding the nature, quality, and pricing of products and services. This helps them understand what they are purchasing.
- Transparency in Advertising: Companies are required to provide honest advertisements that reflect the actual characteristics of their products. This protects consumers from misleading claims.
- Product Safety and Quality: Information about the safety and quality of products is crucial. Consumers should be informed about potential risks associated with a product, enabling them to make safer choices.
- Consumer Rights Awareness: The right to be informed also encompasses awareness of consumer rights and protections. Consumers should know their rights regarding returns, refunds, and warranties.
Why Option B is Correct:
- Empowerment through Knowledge: Option B emphasizes that consumers receive accurate information, allowing them to make knowledgeable choices. This is vital in a market filled with varied options.
- Comparison and Evaluation: With reliable information, consumers can compare different products and services, ensuring they get the best value for their money.
- Protection from Fraud: Accurate information helps safeguard consumers against fraudulent practices and scams, fostering a fair marketplace.
In conclusion, the right to be informed guarantees consumers the necessary information about products and services, enabling them to make sound purchasing decisions. This is why option B is the correct answer.
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What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer?.
What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer?.
Solutions for What does the right to be informed guarantee to consumers?a) Ability to negotiate pricesb) Accurate information about products and servicesc) Unlimited access to any goodsd) Freedom from all regulationsCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10.
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