B21C Unit 2 -Consumers Test Review

A person who selects, purchases, uses, and disposes of goods and services

The dollar limit for cases heard in small claims court can ranges from ______ to _______ .

A name given to a product or service to distinguish it from other similar and competitive items

Use of a third party who tries to resolve the complaint between the consumer and the business.

Agency regulates interstate & international communications by radio, television, and cable

When comparing the cost of an item (such as a bag of chips) you can determine the best buy from

Which federal agency gives him protection to retrieve his deposits of up to $250,000?

A business that has no competitors and controls the market for a product or service

This type of sale is often used when a new store opens or when new products are introduced.

Which equation is the correct calculation of unit price?

Products advertised as selling at a loss or below cost to bring customers into the store

This consumer government agency protects the natural environment. 

Generic products are less expensive than other items because

What occurs when consumers are given false information in an effort to make a sale?

You buy a laptop with a __________________ against defects that states it can be replaced.