ECONOMICS (CBSE/UGC NET)

ECONOMICS

INFLATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
I can return an item without proof of purchase.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -However, there’s no getting away from the fact that proof of purchase is an important part of the process, and without it you may not be able to get a refund or exchange. Bear in mind that if the present was bought using a debit or credit card then any refund will go straight onto that card, rather than to you.

Detailed explanation-2: -DON’T think ‘no receipt’ means ‘no return’ With faulty goods, you simply need to prove purchase. This could be the receipt, but any other legitimate record – such as a bank statement – should be fine.

Detailed explanation-3: -This crime can be punishable by jail time, house arrest, probation, and massive fines. Retailers are cracking down on those committing return fraud and are pressing charges to those they catch more often.

Detailed explanation-4: -credit or debit card statement. lay-by agreement. receipt number or reference number given over the phone or internet. warranty card with details of the manufacturer or supplier, date and amount of purchase. More items

There is 1 question to complete.