mylawyeradvise's profile
ID: 55982
October 30, 2023
Description
The term ‘Black-Marketing’ has a very wide scope. It means illegal transactions of production and distribution of the services and goods that are prohibited by law or government.
The term ‘Hoarding’ is not defined in any Act that is enacted in India. Hoarding means purchasing a large quantity of any commodity and waiting for the price of such commodity to rise. In order to create a monopoly-like situation in the market, so the price of such commodity can be controlled. Hoarding can be considered as one part of Black marketing.
Useful information
This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"