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TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A

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12th Standard Commerce English Medium - Consumerism 2 Mark Creative Question Paper and Answer Key 2022 - 2023

Published on: 03/09/2022

QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Commerce Subject - Consumerism, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.

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Questions:

Generic 2

6 x 2 = 12

Write a short notes on Consumer Protection Act, 1986.

What is Caveat Venditor?

What is Caveat Emptor?

Give two examples of adulteration.

Define Consumerism.

Who is a consumer?

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Answers Key:

Generic 2

6 x 2 = 12

(i)The Central Government enacted a comprehensive law called the Consumer Protection Act in 1986.
(ii) This Act came into force with effect from 15.04.1987. This Act was further amended in 1993.
(iii)The Act is referred in short as 'COPRA'.
(iv) The act provides safeguards to consumers against defective goods, deficient services, unfair trade practices and other forms of their exploitation.

Caveat venditor means "let the seller beware," by which goods are covered by an implied warranty of merchantability. Unless otherwise advertised (for example, "sold as is") or negotiated with the buyer, nearly all consumer products are guaranteed to work, if used for their intended purpose.

'Caveat emptor' is a Latin term which means "let the buyer beware." In other words, the principle of caveat emptor serves as a warning to the buyers that they have no recourse with the seller if the product does not meet their expectations.

(i) Mixing of stones with grains.
(ii) Mixing of coconut oil with palmolein.
(iii) Coffee powder is adulterated with tamarind seed.
(iv) Chilli powder is adulterated with brick powder.

"Consumerisms is an attempt to enhance the rights and powers by buyers in relation to sellers"- L. Massie

A consumer is one who consumes goods manufactured and sold by others or created by nature (air, water and natural resources) and sold by others.One who avails services such as banking, transport, insurance, etc. is also called consumer.