Question 1: Why are rules and regulations required in the marketplace? Illustrate with a few examples.

user image

Dileep Vishwakarma

1 year ago

Answer: Rules and regulations are required in the marketplace to protect consumers. Sellers often abdicate responsibility for a low-quality product, cheat in weighing out goods, add extra charges ever the retail price, and sell adulterated/defective goods.

Recent Doubts

Close [x]