State whether the following statements are true or false.
1) The seller has to recognize the rights of the Consumer.
Ans: True
2) Consumer Protection Act provides protection to the producer.
Ans: False
3) Consumer Protection Act is not required in India.
Ans: False
4) Lok Adalat can rightly be described as “People’s Court”.
Ans: True
5) The consumer, being the king of the market, does not have any responsibility.
Ans: False