Banking · Consumer Protection Act
Which statement accurately reflects the relationship between consumer protection law history and the evolving business landscape? Statement 1: The Consumer Protection Act, 1986, was unaffected by the trends of liberalization, globalization, and digital commerce. Statement 2: The rise of global supply chains, international trade, and e-commerce has influenced consumer vulnerabilities and unscrupulous business behaviors.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Neither Statement 1 nor Statement 2
- 2Both Statements 1 and 2
- 3Only Statement 2✓
- 4Only Statement 1
Correct answer
Only Statement 2
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