May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 25: Consumer Protection | 303 |
product is a popular one. However, the heavy cost of adver-
tisement is stealthily passed on to the consumer making him
pay a heavy price without any quid-pro quo .
(xxi) Counterfeits constitute substantial quantity of goods in store
shelves : India is known to have a large amount of counterfeit
currency, especially of high denominations, circulating side by
side with legal tender currency. Likewise, counterfeit goods
also are being mixed with genuine products and sold to unsus-
pecting consumers. The odds of a customer picking up a coun-
terfeit vary depending on what one buys. If it is stationery, the
likelihood is one in two. If it is liquor, it is even higher. There is
hardly any industry that ...
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