1.

Why are rules and regulations required in the market place? 5M

Answer» Rules and regulations" are required in the market place as consumers are often exploited in the market place as .............................(1)sellers may sell their products at high rates...(2)cheating of underweight measurements of goods may happen......(3)sellers may sell duplicates products Or may sell adulterated/defective products.....(4)sometimes cash memos(bills) are not given to the consumer......(5)sometimes false information of products is given to the consumer.....


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