Question

explain 5 forms of consumer exploitation​

Answer 1

Forms of consumer exploitation are -

• False Advertising. As a business owner, it's your responsibility to avoid making deceptive claims.
• Bait and Switch.
• Deceptive Pricing.
• Deceptive Billing.
• Misuse of Customer Data.
• Signing Away the Right to Sue.

Answer 2

Answer:

The different forms of consumer exploitation are:

(i) Less weigh.

(ii) Defective goods.

(iii) Provide poor services.

(iv) Impure quality of products/goods.

(v) High prices: sellers usually charge a price higher than theprescribed retail price.

(vi) Duplicate Articles.

(vii) False or incomplete information, misleading consumers.

(viii) Lack of safety devices which cause harm to the consumers.

(ix) Adulteration: Mixing or substituting undesirable materials in food items etc.

(x) Unsatisfactory after sale service: supplies do not provide satisfactory behavior.

(xi) Large companies with huge wealth, power and reach can manipulate in the market.