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Q.

Who among the following is protected through rules and regulations in the market place?

 

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a

The shopkeepers

b

The manufactures

c

The consumers

d

The suppliers

answer is C.

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Detailed Solution

The market needs rules and regulations to protect consumers. Sellers often disclaim liability for defective products, cheat when weighing goods, charge additional charges above retail prices, and sell inferior/defective products.

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