LC Consumer Studies

A Consumer is a person that:

• Buys goods & services

• Buys goods & uses services

• uses good & services

• uses goods & buys services

What does the term 'caveat emptor' mean in consumer law?

• Freedom to contract.
• Government protection for consumers
• Buyer beware
• Seller beware

If a customer relies on a seller's advice in choosing the right product for a job, but then finds the product quite unsuitable, what implied term has been breached?

• Merchantable quality
• Fitness for purpose
• Unconscionable conduct
• Value for money

Which is an example of a service?

• buying lunch
• going to see a movie
• visiting the doctor
• buying new shoes

Which is an example of a want?

• water
• clothing
• iPad
• shelter

When you purchase something at a store are you a producer or consumer?

• consumer
• producer

What is an example of a need?

• TV

• video game

• bike

• food

What is an example of a good?

• a haircut

• a toy

• lawn mowed

• wall painted

This is an example of what type of Retail outlet?

• Shop

• Supermarket

• Department store

• Specialist shop

This is an example of a :

• Specialist shop

• Discount store

• Supermarket

• Independent store