Consumer Rights and Responsibilities Quiz
5 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

According to the Indian Consumer Protection Act, 1986, who is considered a consumer?

  • A person who consumes goods manufactured by others
  • A person who avails services such as banking and insurance
  • A person who buys goods or services for a consideration (correct)
  • A person who obtains goods for resale

    • What does the term 'consumer' refer to?

  • A person who buys goods for resale
  • A person who creates goods by nature
  • An individual who consumes goods and services (correct)
  • A person who manufactures and sells goods

    • Can a person who buys goods exclusively for the purpose of resale be considered a consumer?

  • No (correct)
  • It depends on the price of the goods
  • Yes
  • It depends on the type of goods

    • What are examples of services that a consumer can avail?

    <p>Banking, transport, insurance</p> Signup and view all the answers

    How does the Indian Consumer Protection Act, 1986 define a consumer?

    <p>A person who buys goods or services for a consideration</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser