Question

Mr. Ravi has purchased a medicine from a small shop near the house without checking its expiry date.

Identify which of the following is a reason for consumer exploitation.

• A. Lack of legal knowledge
• B. Unsatisfactory sales
• C. Ignorance of consumers
• D. Charging a higher price

Answer 1

The correct option is C Ignorance of consumers

Here, Mr. Ravi has ignored the important activity of checking the expiry date before buying the product. This shows the ignorance of the consumer.

Ignorance of consumers on exploitation prevents them from addressing issues of exploitation.

Consumer ignorance is defined as a situation where knowledge regarding consumption is missing. It also states that the information might not be observed and remains unknown or is forgotten by the consumer. This also results in consumer ignorance.