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The consumer protection act was passed in the interest of the sellers. State with reasons whether the following statements are True or False.

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

The consumer protection act was passed in the interest of the sellers.

ANSWER:

The Consumer Protection Act was passed in the interest of sellers. - False

Explanation:

The Consumer Protection Act was passed in the interest of consumers. The Act emphasises the protection of consumers’ interests against various forms of exploitation such as defective goods, improper services and unfair trade practices.