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Who is a consumer as per CPA? - Business Studies

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Question

Who is a consumer as per CPA?

Short Note

Solution

A Consumer is a person who purchases a product or avails a service for a consideration, either for his personal use or to earn his livelihood by means of self-employment. The consideration may be: Paid, Promised Partly paid, and partly promised. It also includes a beneficiary of such goods/services when such use is made with the approval of such person.

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Consumer Protection Act 1986 (COPRA)
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Chapter 12: Consumer Protection - Short Answer [Page 360]

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NCERT Business Studies - Part 2: Business Finance and Marketing [English] Class 12
Chapter 12 Consumer Protection
Short Answer | Q 5 | Page 360

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