Economy, asked by fenilaju10, 6 months ago

a conclusion for the project based on consumer rights class 10

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Answered by ananditanunes65
3

Answer:

Conclusion

The Act is a welcome move as it seems to cover the lacunae of the old Act and it is being introduced during a crucial phase wherein consumers and their rights need to be protected as the global markets are becoming more and more consumer-centric. The Act vests more power on the District Commission, State Commission while also revising their respective pecuniary jurisdictions thereby reducing the workload of the National Commission. With the implementation of the provisions of the Act, the popular phrase 'buyer beware' might be replaced to 'seller beware' or 'manufacturer beware' in case they are found in contravention of the Act considering the protection that is being offered to the consumers.

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