Question

Why are rules and regulations required for the protection of consumers in the marketplace? Justify the statement with arguments.

Explain the ‘Right to seek redressal’ with an example. (2013 OD)
Or
Explain with an example how you can use the right to seek redressal​
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Answer 1

Answer:

“Rules and regulations are required for the protection of the consumers in the marketplace”. ... Thus, rules and regulations are required to protect consumers mainly because of their helpless position and unfair business practices.

Step-by-step explanation:

They can seek redressal through consumer courts functioning at district, state and national levels and may get compensation from a manufacturer/trader if any harm is done. Example: Suresh sent an urgent courier to his brother living in another city.

Consumers have the right to seek redressal:

For example, if a person's money order hasn't reached its layover and the post office refuses to respond well to his query. The consumer can go to the consumer court of the district level to seek redressal.

Answer 2

1 . Consumer Rights. “Rules and regulations are required for the protection of the consumers in the marketplace”. Justify the statement with arguments. Rules and regulations are required to safeguard the interest and rights of consumers in the market and to provide them speedy redressal of their grievances.

2 .Under the 'Right to Seek Redressal', consumers have the right to seek redressal against trade practices of exploitation and seek a fair settlement of the genuine grievances. ... Thus, Suresh filed a case against the courier company in the consumer court.

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