Page 2 - Home Assignment 2

HOME ASSIGNMENT

1 Mark Questions

1. What is Caveat emptor?
2. What is caveat venditor?
3. The earlier approach of Caveat Emptor which means, “let the buyer beware” has now been
changed to what?

3/4 Mark Questions

1. State any three points which highlight the importance of consumer protection from consumer’s point of
view.

5/6 Mark Questions

1. Explain the importance of consumer protection from the point of view of business.

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