Rights and Duties of consumers : When it comes to buying goods and services, consumers have certain rights and obligations. These duties and rights are intended to shield customers from dishonesty, fraud, and unethical business practises. Some of the most important consumer rights and obligations are listed below : Rights of consumers | Rights and…
In India, a set of laws known as the Consumer Protection Act (CPA) was passed in order to safeguard consumers’ rights in the marketplace and safeguard them from unfair business practises. Since it was first introduced in 1986, the act has undergone a number of revisions and currentlyits known as Consumer Protection Act 2019. According…
Definition – Unfair trade practice refers to as a trade practice that adopts any unfair method or deceptive practice for the purpose of promoting the sale, use, or supply of any goods or services. Meaning – Unfair trade practices refer to the use of various deceptive, fraudulent or unethical method to obtain business. Unfair business…
Consumerism in India : Consumerism is an organised movement of citizens and government to strengthen the rights and powers of buyer in relation to seller. It is the ideology and concept that has remained in business literature. Due to unfair trade practises, consumers are exposed to numerous risks, including physical, environmental, and financial exploitation. He…