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1. Business’s heightened responsibility for providing for consumers' needs derives from

A. the fact that consumers pay businesses for their products.

B. the competitive nature of the marketplace.

C. its legal responsibilities under the Consumer Protection Act of 1986.

D. consumers' dependence on business for their survival and enrichment.

2. The idea that sellers and buyers do not meet as equals in a way that makes consumers particularly vulnerable is the driving force behind the doctrine of

A. caveat emptor.

B. strict liability.

C. due care.

D. warranty agreements.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92035553

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