Explain the importance of consumer protection from the point of view of a business.
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Consumer protection is important from the view point of consumers, as it protects them from exploitative and unfair trade practices. . Ans. Consumer protection is important for businessman because of long-term interest of business.
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Answer: Consumer protection is protecting a consumers goods before use.
Explanation: For instance a bussiness woman orders 5 cartons of products the producer must protect it before reaching there.
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