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Statement: Consumers are often deceived by terms like "goods once sold will not be taken back" or the goods are transported at"owner's risk" Assumptions: I. Bearing in mind these phrases , consumers are reluctant to seek compensation. II. Such phrases do not provide a blanket exemption for the seller or the transporter.

if only assumption I is implicit.
if only assumption II is implicit.
if either I or II is implicit.
if neither I nor II is implicit.

Correct Answer:

Explanation:

Both the assumptions are implicit. This is why the speaker believes that consumers are "deceived"

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