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Mr. Roy invented a product which uses less harmful chemicals. He paid Sen and Co. ₹ 5,00,000/- to promote the product. Sen and Co. used the product for their own gain without promoting it. - Commercial Studies

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Question

Mr. Roy invented a product which uses less harmful chemicals. He paid Sen & Co. ₹ 5,00,000/- to promote the product. Sen & Co. used the product for their own gain without promoting it.

  1. What fraudulent practice was committed?
  2. What action can Mr. Roy take?
Long Answer
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Solution

  1. Fraudulent Practice Committed:
    The company Sen & Co. committed “Breach of Trust” and “Unfair Trade Practice.”
    Mr. Roy paid them ₹ 5,00,000 to promote his product, but they used it for their own benefit rather than promoting it.
  2. Actions Mr. Roy Can Take:
    • Go to Court: He can take legal action to recover his money by filing a complaint with the consumer court.
    • Report to Authorities: He can report the fraud to government agencies or consumer forums.
    • Ask for a refund: He can demand a refund from Ask Sen & Co. for failing to properly promote his product as agreed.
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