Question
Consumers have the right to be informed about goods and services they purchase. Explain its three advantages.
Solution
The advantages:
(i) Consumers can complain and ask for compensation or replacement if the product proves to be defective in any manner.
(ii) Consumers can protest and complain If a product is being sold at more than the printed price on the packet.
(iii) Consumers can bargain with the seller to sell at less than the MRP.
