A person who purchases goods or services.
Something that is bought and sold.
A product customarily distributed for retail sale for use by consumers or for the performance of services at home and usually consumed during such use. 1Sec. 10(a), Fair Packaging and Labeling Act
In other words, a consumer commodity is something that a person (the consumer) purchases in a store on online (retail) to be used at home or personnally, and which is normally used up (consumed).
However, if you buy something retail for use in the home or for personal use but it’s not used up, then it is generally not a consumer commodity.
Why is it important?
The labeling laws are different for items that ARE consumer commodities than items that are NOT consumer commodities. Knowing if a product is classed as a consumer commodity will help you determine if certain laws or regulations apply or not.
Examples of a consumer commodities:
|↑1||Sec. 10(a), Fair Packaging and Labeling Act|