Question

Various forms of consumer exploitations

Answer 1

1)Adulteration:-it means mixing or substituting undesirable materials in food.This causes heavy loss to the customers; they suffer from monetary loss as well as spoil their health.
2)False claim:-Sellers makes false claim about the durability and quality of their product through advertisements.
3)Under measurements:-sellers generally give under measured goods and charge for the actual quantity.
4)Hoarding and black marketing:-traders generally hold the stock of essential commodities to create artificial scarcity in the market so that they can sell their commodities at higher price.
5)Substandard goods:-sellers usually sell inferior quality goods in order to make more profit.
6)High price:-sellers who are dealing in necessities generally charge arbitrary prices.
7)Duplicate articles:-In the name of genuine parts or goods,duplicate items are sold to the consumers.
8)Lack of safety devices:-Electronic appliances produced locally lack the required inbuilt safeguard which causes harm to the consumers.

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.