Consumer Protection Lec 1 Class 12 Business Studies Chap 12 Meaning

Consumer Protection Lec 1 Class 12 Business Studies Chap 12 Meaning Consumer protection act: the consumer protection act, 1986 seeks to protect and promote the interests of consumers by providing safeguards to consumers against defective goods, deficient services, unfair trade practices, and other forms of their exploitation. consumer rights responsibilities: in this sub topic, there are six consumer rights. Hello friends! in this video we have covered the topic of meaning and importance of consumer protection. these topics are covered in chapter 12 of business s.

Class 12 Business Studies Ch 12 Consumer Protection Pt Revision notes for class 12 business studies chapter 12 consumer protection. consumer protection is a chapter that is designed to create a sense of awareness among the students regarding the fraudulent activities that consumers might come across. this chapter comprises of a vast concepts – meaning of consumer and consumer protection, who can. 6. consumer responsibilities. (i) consumer must exercise his right. (ii) consumer must be conscious. (iii) filling complaints for the redressal of genuine grievances. (iv) consumer must be quality cautious. (v) do not be carried away by advertisement. (vi) insist on cash memo. 7. Cbse class 12 business studies chapter –12 consumer protection revision notes meaning. • consumer protection refers to protecting the consumer against anti‐ consumer trade practices by the producers or sellers. •caveat emptor, which means “let the buyer beware” • caveat venditor which means “let the seller beware. 1 right to safety. the consumer has a right to be protected against goods and services which are dangerous to his life and health. for instance, goods which are manufactured with substandard products. manufacturing defects of vehicles pressure cooker etc. may endanger the life of consumers.

Class 12 Business Studies Chapter 12 Consumer Protectio Cbse class 12 business studies chapter –12 consumer protection revision notes meaning. • consumer protection refers to protecting the consumer against anti‐ consumer trade practices by the producers or sellers. •caveat emptor, which means “let the buyer beware” • caveat venditor which means “let the seller beware. 1 right to safety. the consumer has a right to be protected against goods and services which are dangerous to his life and health. for instance, goods which are manufactured with substandard products. manufacturing defects of vehicles pressure cooker etc. may endanger the life of consumers. Need for consumer protection the need for consumer protection arises from the need to protect consumers from the loss or injury or other prevailing malpractices and to ensure: 1. physical safety of a consumer. 2. access to information. 3. corporate social responsibility to provide quality and quantity of goods at fair prices. 4. consumer. Short answer type questions. 1. explain the importance of consumer protection from the point of view of business. ans: a business can not survive without paying attention on protecting the consumers interest and adequately satisfying them. this is important because of the following reasons.

Consumer Responsibilities Consumer Protection Class 12 Business Need for consumer protection the need for consumer protection arises from the need to protect consumers from the loss or injury or other prevailing malpractices and to ensure: 1. physical safety of a consumer. 2. access to information. 3. corporate social responsibility to provide quality and quantity of goods at fair prices. 4. consumer. Short answer type questions. 1. explain the importance of consumer protection from the point of view of business. ans: a business can not survive without paying attention on protecting the consumers interest and adequately satisfying them. this is important because of the following reasons.