Public Deposits as Source of Finance
Public deposits do not have any charge on the assets of the concern. On the part of depositors…
Business Studies has two categories Business Studies Class 11 and Business Studies Class 12 under this with their respective units.
Public deposits do not have any charge on the assets of the concern. On the part of depositors…
Banks require personal guarantee or pledge of assets while granting loans. So the business cannot…
The preference shares enjoying the right to accumulate unpaid dividends in the future years are…
Consumer Protection Act, 2019 is important not only for students but for a layman also, for protection of his rights as a consumer.
Consumer protection is very important for business in order to survive and grow in the market.
There are a number of Laws framed for the protection of consumers in India. Consumer Protection Act,2019 is the main such act.
A consumer is protected by three tier legal machinery so that they enjoy six basic rights given by Consumer Protection Act, 2019.
After trial of case in consumer court , the court can provide one or more of the available reliefs to the consumers but only if he fulfills some responsibilities.
Various consumer organizations and non-government organizations set up for non-profit motive have a strong role in promoting the interests of the consumers.
Consumers are exploited in various ways by the sellers and producers, by under weighing ,over-charging, providing defective products , deficient services etc.