Page 1 - Home Assignment 2

SAI INTERNATIONAL SCHOOL

CLASS-12TH

BUSINESS STUDIES

Chapter 12: Consumer Protection

Topic: Introduction, importance & legal protection to consumers

(Home Assignment - 48)

ASSESSMENT MCQ:
1. Consumer Protection Act is significant to………..
A. Immovable Goods
B. Movable Goods
C. Particular Goods and Services
D. All Goods and Services
2. Caveat emptor means………...
A. Let the seller beware
B. Let the buyer beware
C. Restricted trade practices
D. None of the above
3.Caveat Venditor means………...
A. Let the seller beware
B. Let the buyer beware
C. Restricted trade practices
D. None of the above
4. Which one of the following is not a reason for importance of consumer protection from the
point of view of consumers?
A. Consumer ignorance
B. Consumer apathy
C. Consumer exploitation
D. Unorganised consumers
5. From the point of view of business, which one of the following is a reason because of which
consumer protection is important?
A. Dynamic environment
B. Fast technological development
C. Government intervention
D. Competitive market