ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Restrictive Trade Practice means?

    A A trade practice which tends to bring about manipulation of price. Correct Answer Incorrect Answer
    B A trade practice which tends to bring about manipulation in conditions of delivery. Correct Answer Incorrect Answer
    C A trade practice which effects flow of supplies in market relating to goods or services in such a manner to impose on customer justified costs. Correct Answer Incorrect Answer
    D A and B. Correct Answer Incorrect Answer
    E A, B and C. Correct Answer Incorrect Answer

    Solution

    A restrictive trade practice means a trade practice which tends to bring about manipulation of price or conditions of delivery or to affect flow of supplies in the market realting to goods or services in such a manner as to impose on the consumer unjustified costs or restrictions and shall include- (a) delay beyond the period agreed to by a trader in supply of such goods or in providing the services which has led or is likely to lead to rise in the price. (b) any trade practice which requires a consumer to buy, hire or avail of any goods or, as the case may be, services as condition precedent to buying┬а hiring or availing of other goods or services. ┬а Restrictive Trade practice definition тАУ same topic question in SEBI Legal 2020 memory based paper

    Practice Next
    More Administrative Interpretation and Maxims Questions
    ask-question