Question

Which of the following statements is correct?

1. Consumer protection has a moral justification fur business.
2. Consumer protection has no moral justification for business.

विकल्प

• Statement I

• Statement II

• Both I and II

• None of the above

Answer 1

Statement I

Explanation - 

For businesses, consumer protection has a moral justification. Every firm has a moral obligation to safeguard its consumers' interests. Business organisations must adhere to ethical norms, and any sort of consumer exploitation, such as unfair trade practises, adulteration, and so on, must be avoided.