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State with Reasons Whether the Following Statements Are True Or False. the Consumer Protection Act Was Passed in the Interest of the Sellers.

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Question

State with reasons whether the following statement is True or False.
The consumer protection act was passed in the interest of the sellers.

Options

  • True 

  • False 

MCQ
True or False
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Solution

The Consumer Protection Act was passed in the interest of sellers. - False
Explanation:
The Consumer Protection Act was passed in the interest of consumers. The Act emphasises protection of consumers’ interests against various forms of exploitation such as defective goods, improper services and unfair trade practices.

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Chapter 5: Consumer Protection - True or False [Page 138]

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