MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A business can gain a good public image if it meets all requirements of consumer protection laws.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The Consumer Protection Act, implemented in 1986, gives easy and fast compensation to consumer grievances. It safeguards and encourages consumers to speak against insufficiency and flaws in goods and services. If traders and manufacturers practice any illegal trade, this act protects their rights as a consumer.

Detailed explanation-2: -complainant-company is a consumer within the Act and is entitled to invoke the jurisdiction of a consumer fora for the redressal of its grievance.

Detailed explanation-3: -Unfair sales practices You are protected against unfair, misleading or aggressive sales practices. Sellers are not allowed to: Make a false or misleading claim about products, services, and prices. Sell products or services that show a false or misleading description.

Detailed explanation-4: -Consumer protection makes markets work for both businesses and consumers. Consumers need to be able to obtain accurate, unbiased information about the products and services they purchase. This enables them to make the best choices based on their interests and prevents them from being mistreated or misled by businesses.

There is 1 question to complete.