Business Studies

Consumer Protection

Easy

What does Caveat Venditor imply?

Let the buyer beware

Let the seller beware

Let the producer beware

Let the distributor beware

✅ Correct Option: 2

Option 1 -> This refers to "Caveat Emptor," not Caveat Venditor, which places responsibility on buyers to examine goods before purchase.

Option 2 -> This is the correct translation of "Caveat Venditor" from Latin, meaning the seller must take responsibility for the quality and safety of products sold.

Option 3 -> This is not the meaning of Caveat Venditor; it would require a different Latin term specifically referring to producers.

Option 4 -> This is not the meaning of Caveat Venditor; "venditor" specifically refers to sellers, not distributors.

Hence, Option 2: Let the seller beware -> Caveat Venditor is a Latin phrase where "caveat" means "let beware" and "venditor" means "seller." This principle places legal and moral responsibility on sellers to ensure their products are safe, of good quality, and fit for purpose, protecting consumer rights -> correct

2025: 3 June Shift 2

Which of the following responsibilities a consumer should keep in mind while purchasing, using and consuming goods and services?

2025: 30 May Shift 1

When a consumer fails to get his/her right protected, he/she can seek the help from a __________.

2025: 24 May Shift 1

Which of the following ways/means of consumer protection has been indicated in the above case?

2025: 16 May Shift 1

Which of the following statements are correct?

(A) In addition to his rights, a consumer should also keep in mind his responsibilities while purchasing goods/services.

(B) From the point of consumers, consumer protection is important because consumers are ignorant, unorganized and exploited by sellers.

(D) The Consumer Protection Act provides for setting up of a two-tier enforcement machinery at the District and State levels.

Choose the correct answer from the options given below:

2025: 22 May Shift 2

"Electrical appliances which are manufactured with substandard products or do not conform to the safety norms might cause serious injury. Thus, consumers are educated that they should use electrical appliances which are ISI marked as this would be an assurance of such products meeting quality specifications." Identify the consumer right highlighted in the aforesaid statement.

2025: 29 May Shift 2

What should consumers do to protect themselves from misleading advertisements?

What does Caveat Venditor imply?

Solution

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