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What is meant by consumer rights? - Economic Applications

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Question

What is meant by consumer rights?

Short Answer
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Solution

Consumer rights refer to the legal rights afforded to consumers to protect them against unfair practices by sellers in the market. These rights include safety, the right to information, the right to choose, the right to seek redressal, and the right to be heard. These rights ensure protection against unsafe products, unfair trade practices, and monopolistic practices.

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Chapter 12: Consumer Awareness - QUESTION BANK [Page 168]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 12 Consumer Awareness
QUESTION BANK | Q 4. | Page 168
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