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State with reasons whether the following statements are True or False. Consumer, being the king of the market, does not have any responsibilities.

State with reasons whether the following statements are True or False.

Consumer, being the king of the market, does not have any responsibilities.

ANSWER:

Consumer, being the king of the market, does not have any responsibilities. - False

Explanation:

The consumer does have some responsibilities. These include being aware of the availability of goods and services, looking for certification marks and asking for cash memos to safeguard himself/herself from being exploited.