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Consumer Protection Act is significant to (A) Immovable Goods (B) Movable Goods (C) Particular Goods and Services (D) All Goods and Services

By BYJU'S Exam Prep

Updated on: September 25th, 2023

The Consumer Protection Act is significant to all goods and services. The new Consumer Protection Act, 2019. It went into effect on July 20, 2020, and through its numerous declared rules and requirements, it would empower consumers and aid them in preserving their rights.

Consumer Protection Act

Compared to the outdated Consumer Protection Statute 1986, which provided single-point access to justice and made it a time-consuming activity, the new act will be quick and take less time. Apart from this, below we have mentioned some points about this act.

  • The previous law established a three-tiered system for resolving consumer disputes at the federal (National Consumer Disputes Redressal Commission), state, and local levels.
  • A consumer is someone who purchases any items or uses a service in exchange for money, according to the Consumer Protection Bill, 2019.
  • It excludes anyone who purchases a product for resale or a good or service for profit.

Rights of consumers:

The Bill explains six consumer rights, which include the rights to (i) be shielded from the marketing of goods and services that are dangerous to life and property; (ii) receive information about the quality, potency, quantity, standard, purity, and price of goods or services; (iii) be guaranteed access to a variety of goods or services at reasonable prices; and (iv) seek redress against restrictive or unfair trade practices.

Summary:

Consumer Protection Act is significant to (A) Immovable Goods, (B) Movable Goods, (C) Particular Goods and Services, (D) All Goods and Services

All goods and services should take into consideration the Consumer Protection Act. It covers all transaction types, including those made online and offline using technology, teleshopping, multi-level marketing, or direct selling. As a result, Choice 4 is right.

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