Question

Which of the following relates to the term 'distress sale'?

विकल्प

• A distressed sale occurs when a sale must be made Ullder unfavorable conditions for the seller.

• Lack of agricultural marketing infrastructure often forces the farmers to sell their produce at low prices for fear of spoilage or to pay off an imminent debt

• Farmers tend to suffer highly on account of these sales because they not only get a low price for their products but are also cheated by the use of false weights and are charged a high commission.

• All of the above

Answer 1

All of the above

Explanation:

A distressed sale occurs when the seller is forced to sell under bad circumstances. Farmers are frequently forced to sell their produce at low rates due to a lack of agricultural marketing infrastructure, either to avoid spoiling or to pay off a looming debt. Distress sales are what they're called. Farmers are disproportionately affected by these sales because they not only receive a cheap price for their goods but they are also defrauded by the use of incorrect weights and paid a hefty fee.