The Doctrine Of Caveat Emptor The Consumer Right In Bangladesh

Abstract

Caveat emptor is a Latin term meaning "let the customer watch" like the phrase "sold as is" this term implies that the customer assumes the danger that a product could fail to fulfill expectations or have defects. In other words, the principle of caveat emptor serves as a warning that buyers have no recourse with the seller if the product does not meet their expectations. Caveat emptor was the rule for many purchases and land sales before the commercial Revolution, though sellers assume for more responsibility for the integrity of their product within the gift day. Individuals consumed so much fewer products and frequently from native sources before the eighteenth Century, leading to only a few client protection laws (mostly restricted to weights and measures). "Product Liability: Background for additional historical data regarding the principle of principle. In the market nowadays buyers does not have much safety because of bod companies who provide fake exchanges so to prevent buyers from that kind of forgery the committee started educating the society about buyer behavior but still there are many problems occurs even today in the market which tends to say that the awareness is not that effective still, hence the null hypothesis of this study is been fulfilled Consumer rights protection is the practice of protecting buyers of goods and services, as well as the general public, from discriminatory business practices. Consumer protection methods are often recognized by lave. Such loves are envisioned to preclude businesses from engaging in fraud or specified discriminating rehearses in order to gain an advantage over competitors or to mislead consumers. Consumer protection is related to the concept of consumer rights and the creation of consumer associations, which assist consumers in making better market decisions and pursuing business grievances. In Bangladesh, consumer protection line is described as a body of law that governs private law relationships between individuals and the businesses that sell them goods and services. Consumers in Bangladesh are severely underserved in terms of their rights. As a result, safeguarding consumer rights in Bangladesh is critical, as consumer demands and preferences have shifted as a result of globalization and increased awareness. This study looks at the process of consumer protection in Bangladesh and investigates the various consumer protection acts and laws in the country, as well as the gap between law and reality in this area. It also outlines the different steps that can be taken to educate customers about their rights and policies. Furthermore, this study suggests that government agencies and other bodies work hard to implement some mechanism to raise consumer consciousness about the Consumer Protection Act as a right and to assist them in avoiding being victims of many of society's evils