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Question

'exploitation in the market happens in various ways' as a consumer, how can you protect yourself from being exploited?

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Solution

Dear Student,


a. Consumers may be subjected to various forms of exploitation at the market place.
b. Consumers may be over charged for a product,
c. They may not be given proper receipt by the seller that is proper bills/cash memo of the product purchased.
d. Sometimes adulterated or defective goods are sold to consumers.
e. A particular product may be deliberately weigh less by the seller.
f. A shopkeeper may indulge in unfair trade practises by cheating , making false claims.

Consumers can protect themselves:

a. By being aware about their rights
b. Consumers
are advised to buy only hallmarked gold jewellery.

c. They must ask for a proper receipt from the shopkeeper of the product purchased.
d. Must also check details of the products , which includes price, expiry date.
e. Consumers must also buy standardised products
f. Must be aware of COPRA , various rights and redressal mechanism.

Regards






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