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Consumer

A consumer is defined as any individual who purchases goods and pays in full or through a payment plan. It also includes anyone who uses such goods with the purchaser's approval, excluding those who resell or use goods for commercial reasons. A consumer also hires or uses services for payment in full or through a payment plan and includes anyone who benefits from such services with the hirer's approval, excluding those who use services for commercial purposes.
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0% found this document useful (0 votes)
137 views1 page

Consumer

A consumer is defined as any individual who purchases goods and pays in full or through a payment plan. It also includes anyone who uses such goods with the purchaser's approval, excluding those who resell or use goods for commercial reasons. A consumer also hires or uses services for payment in full or through a payment plan and includes anyone who benefits from such services with the hirer's approval, excluding those who use services for commercial purposes.
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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"Consumer" means any person who (i) buys any goods for a consideration which has been paid

or promised or partly paid and partly promised, or under any system of deferred payment and includes any user of such goods other than the person who buys such goods for consideration paid or promised or partly paid or partly promised, or under any system of deferred payment when such use is made with the approval of such person, but does not include a person who obtains such goods for resale or for any commercial purpose; or (ii) hires or avails of any services for a consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment and includes any beneficiary of such services other than the person who 'hires or avails of the services for consideration paid or promised, or partly paid and partly promised, or under any system of deferred payment, when such services are availed of with the approval of the first mentioned person but does not include a person who avails of such services for any commercial purposes;

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