An association formed to protect the interests of buyers of various commodities is known as
Answer Details
The association formed to protect the interests of buyers of various commodities is known as a Consumers Association.
A Consumers Association is a group of people who come together to represent the interests of consumers. They aim to ensure that consumers get fair treatment from businesses that sell goods and services. These associations work to protect consumer rights and promote consumer education.
One of the primary roles of a Consumers Association is to help consumers make informed decisions when buying goods and services. They provide information on the quality, safety, and reliability of different products, and also make recommendations on which products are best for consumers to purchase.
Consumers Associations also work to monitor businesses and hold them accountable for any unethical or illegal practices that they engage in. They advocate for changes in laws and regulations that affect consumer protection and work to ensure that consumers are treated fairly in the marketplace.
In summary, a Consumers Association is an association formed to protect the interests of buyers of various commodities. They work to ensure that consumers get fair treatment from businesses and promote consumer education, monitoring businesses and holding them accountable for any unethical or illegal practices.