Which one of the following is not a reason for importance of consumer protection from the point of view of consumers?

Consumer apathy

The correct answer is option 2- Consumer apathy.

Consumer apathy is not a reason for importance of consumer protection from the point of view of consumers.

Consumer Apathy refers to a lack of interest or concern, which is more about the consumer's attitude rather than an issue that consumer protection.

OTHER OPTIONS

• Consumer ignorance: Protection is necessary because consumers may not always be aware of their rights or the quality of products and services.

• Consumer exploitation: Protection helps prevent businesses from taking advantage of consumers through unfair practices.

• Unorganized consumers: Consumer protection can help organize and support consumers who might be vulnerable due to lack of organization.