Six forms of consumer exploitation
Answers
Adulteration, Lack of safety devices, Misleading claims, Under measurement, Duplicate Articles, and Substandard items are the Six forms of consumer exploitation
Explanation:
- Adulteration is the mixing or substitution of unwanted ingredients in food. Customers face significant financial and health consequences as a result of this.
- Lack of safety devices: Electronic gadgets manufactured locally lack the necessary integrated safeguards, causing injury to people.
- Misleading claims: Sellers use ads to make false claims about the longevity and quality of their goods.
- Under measurement: In general, sellers provide under measured products and charge for the true quantity.
- Duplicate Articles: Consumers are offered duplicate things under the guise of real components or commodities.
- Substandard items: Sellers typically sell lower-quality goods in order to increase profits.
Answer:
Adultery, False Claims, Low Prices, Black Collection and Marketing, Low Quality Goods, High Price.
Description:
i). Adultery: Adultery means mixing or adding unwanted substances to food. This results in significant losses to customers; they suffer financial loss and ruin their health.
ii). False Claim: Advertisers make false claims about the durability and quality of their product through ads.
iii) .Low rate: Retailers usually offer less than measured goods and payment of real value.
iv) .Clead collection and black marketing: A trader often holds a stock of valuable assets to create a self-sufficient shortage in the market so that they can sell their goods at a higher price.
v) . Expensive goods: Traders often sell substandard goods to make more profit.
vi) .Late price: Retailers who trade in services often charge unreasonable prices.
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