1.

Why are rules and regulations regulations required in the market please

Answer» 1)For the protection of consumers. 2)Individual consumers often find themselves in a weak position. 3)whenever there is a complaint regarding a good or service that had been bought the seller tries to shift all the responsibility into the buyer. 4)as if the seller has no responsibility once a sale is completed
So that consumer can not cheated by the producer in any way


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