Question

Who is a consumer?

Options

• A person who takes goods for resale to earn commission

• A person who regulates the sale of goods and services

• A person who manufactures goods or provides services for profit

• A person who uses or enjoys goods or services

Answer 1

A consumer is defined as a person who uses or enjoys goods or services. This is the foundational meaning of the term. Persons engaged in manufacturing, resale, or regulation do not fall within this basic definition.