Business Studies, asked by gotitushar600, 2 months ago

c
write four importance of consumer protection​

Answers

Answered by AnjanaUmmareddy
1

Answer:

"It provides them with the basic rights such as the right to be protected against hazardous goods, right to protect themselves against Unfair Trade Practices, right to seek Redressal, the right to Consumer education, etc. ... It has also reduced the burden of huge court fees which had to be paid by the consumers earlier."

Answered by savithasushma1234
0

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.

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