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12th Standard English Medium Commerce Subject Consumerism Creative 1 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. "Consumerism is an attempt to enhance the rights and powers by buyers in relation to sellers" - who said these statement?

    (a)

    L.Massie

    (b)

    William Stanton

    (c)

    Richard

    (d)

    James

  2. Which has been very responsive to the consumer needs through legislative actions?

    (a)

    Private

    (b)

    Government

    (c)

    Financial institutions

    (d)

    None of these

  3. Caveat emptor means

    (a)

    Let the buyer beware

    (b)

    Let the seller beware

    (c)

    Both

    (d)

    None of these

  4. Caveat Venditor means

    (a)

    Let the buyer beware

    (b)

    Let the seller beware

    (c)

    Both

    (d)

    None of these

  5. The consumer protection Act is referred in shourt as

    (a)

    CPA

    (b)

    COPRA

    (c)

    CAT

    (d)

    None of these

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