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Q 1/30
Score 0
Factors such as where you live and your ethnic background can affect your buying decisions.
60
False
True
Q 2/30
Score 0
When you compare brands, you should consider price and advertising.
60
True
False
30 questions
Q.
Factors such as where you live and your ethnic background can affect your buying decisions.
1
60 sec
Q.
When you compare brands, you should consider price and advertising.
2
60 sec
Q.
When you choose the lower priced option of two identical items, the marginal benefit decreases.
3
60 sec
Q.
A rebate is a partial refund of the price of a product.
4
60 sec
Q.
An implied warranty is a written guarantee that covers certain aspects of a product.
5
60 sec
Q.
A service contract is an extended warranty.
6
60 sec
Q.
Fraud is a dishonest business practice meant to gain an unfair advantage.
7
60 sec
Q.
Mediation is legally binding.
8
60 sec
Q.
A network of community law offices that provide free or low-cost legal assistance is a legal aid society.
9
60 sec
Q.
Common reasons for consumer complaints include lengthy user manuals and poor advertising.
10
60 sec
Q.
The lowest price is generally the wisest choice when ____.
11
60 sec
Q.
Products often purchased using price negotiation are ____.
12
60 sec
Q.
A drawback of paying on credit is having ____.
13
60 sec
Q.
A good time to find a bargain on a swimsuit is at a(n) ____.
14
60 sec
Q.
An advantage of a cooperative is that it ____.
15
60 sec
Q.
An advantage of direct selling is ____.
16
60 sec
Q.
When shopping, avoid ____.
17
60 sec
Q.
Better Business Bureaus handle ____.
18
60 sec
Q.
The court system set up by every state to settle minor disagreements is called ____.
19
60 sec
Q.
Disagreements in small claims courts are usually settled by ____.
20
60 sec
Q.
Definition: the use of a standard unit of measurement to compare the prices of packages that are different sizes
21
60 sec
Q.
Definition: a written guarantee from the manufacturer that states the conditions under which a product can be returned, replaced, or repaired
22
60 sec
Q.
Definition: the attempt by a neutral third party to resolve a conflict between a customer and a business through discussion and negotiation
23
60 sec
Q.
Definition: the process in which a conflict between a customer and a business is resolved by an impartial third party whose decision is legally binding
24
60 sec
Q.
Definition: a method of indicating the freshness, “or shelf life,” of a perishable product
25
60 sec
Q.
Definition: dishonest business practice that is meant to deceive, trick, or gain an unfair advantage
26
60 sec
Q.
Definition: a portion of the total cost of an item that must be paid at the time of purchase
27
60 sec
Q.
Definition: a network of community law offices that provides free or low-cost assistance in court
28
60 sec
Q.
Definition: a legal action on behalf of all the people who have suffered the same injustice
29
60 sec
Q.
Definition: a partial refund of the price of a product
