Consider the following Facts about Consumer Protection Act and choose which statement is true.

(A) Getting relief against unfair trade practices by a consumer is called right to be heard
(B) A seller is not a King in a free market economy
(C) 'Caveat emptor' means 'Let the buyer beware!
(D) Right of Consumer for being well informed throughout life, is called right to be informed
(E) Freedom to consumer for accessing variety of Products is right to be assured.

Choose the correct answer from the options given below:

(B), (C) and (E) only

(A) Getting relief against unfair trade practices by a consumer is called right to be heard- This statement is false. The consumer has a right to get relief against unfair trade practice of restrictive trade practices or unscrupulous exploitation in case the product or a service falls short of his expectations under the right to seek redressal.

(B) A seller is not a King in a free market economy - This statement is true. A consumer is said to be a KING in the free market economy.

(C) 'Caveat emptor' means 'Let the buyer beware! - This statement is true. Caveat emptor means Let the buyer beware, to a consumer market i.e., caveat venditor which implies Let the seller beware.

(D) Right of Consumer for being well informed throughout life, is called right to be informed - This statement is false. In the right to be informed, the consumer has a right to have complete information about the product he intends to buy including its ingredients, date of manufacture, price, quantity, directions for use, etc. 

(E) Freedom to consumer for accessing variety of Products is right to be assured- This statement is true. The consumer has the freedom to access variety of products at competitive prices. This implies that the marketers should offer a wide variety of products in terms of quality, brand, prices, size, etc. and allow the consumer to make a choice from amongst these.