Intro to Business Chapter 15

A ___________________sale is used to move out merchandise that stores no longer wish to carry.

A unit ____________________ is how much something costs per unit of measure.

If a returned item is billed to your credit card, how long do you have to dispute it?

When you have a problem with a business, the first thing you should do is threaten to sue.

Which of the following is NOT one of the Consumer Bill of Rights?

The dollar limit for small claims courts ranges from less than ____ in some states to ____ .

Certain seasons and conditions favor goods being sold at reduced prices.

About half of the states have consumer protection agencies.

______________ occurs when consumers are given false information in an effort to make a sale.

Which publication would probably be your BEST source for information for investing your money?

A(n) ____ is a name given to a product or service to distinguish it from other similar items.

Which of the following constitutes fraud?

Generic products are less expensive than other items because

The most important responsibility consumers have is to be

A service contract is a promise made by the manufacturer that a product is of a certain quality

Which of the following is NOT a business source of consumer information?

Buying items quickly without much prior thought is called ____________________ buying.

The Internet has become the number one source of fraudulent offers to consumers.

small retailer that has items at higher prices, an accessible location, and long hours 

This government agency makes certain that medicines and cosmetic products are not harmful

This product testing organization tests electrical components of for fire and electrical safety

Many manufacturers pay product testing organizations to perform safety tests on their products.

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

This warranty is imposed by law and is understood to apply even though it has not been stated.

The following types of businesses are among the main sources of consumer complaints EXCEPT

Store brands are usually sold at a lower cost than national brands.

It is not always the smart choice to buy the least expensive product.

A guarantee

Comparison shoppers usually evaluate which of the following?