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Q.

Ignorance by the ____ is the main reason for malpractices in the MarketPlace.


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Detailed Solution

Ignorance by the consumer is the main reason for malpractices in MarketPlace.
Consumer ignorance is the primary cause of malpractice. Sellers and manufacturers frequently take advantage of customers through unfair business practices. Selling items at inflated costs, adulteration of food products, defective goods with quality much below acceptable levels, engaging in unfair trade practices by weighing goods less than necessary, hoarding, and black marketing are a few examples of malpractices.
Many sectors also produce deceptive and misleading ads that do not deliver the promised service, such as fairness creams that promise to make users fairer within a specific time frame or oils that promise to treat baldness. These are just overstated.
 
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