PF Ch7 Vocabulary

Front

Mediation

Back

The attempt by an impartial third party to resolve a difference between two parties through discussion and negotiation.

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Legal Aid Society

Back

One of a network of publicly supported community law offices that provide legal assistance to consumers who cannot afford it.

Front

Leasing

Back

A contractual agreement with monthly payments for the use of an automobile over a set time period.

Front

Service Contract

Back

Agreement between a business and a customer to cover the repair costs.

Front

Class-Action Suit

Back

A legal action taken by a few individuals on behalf of all the people who have suffered the same alleged injustice.

Front

Arbitration

Back

A method of resolving disputes outside of court, where an impartial third party makes a binding decision.

Front

Warranty

Back

A guarantee provided by a manufacturer or seller regarding the condition of a product.

Front

FTC (Federal Trade Commission)

Back

A government agency that protects consumers by preventing unfair, deceptive, or fraudulent practices.

Front

Small Claims Court

Back

A court that handles minor civil disputes, typically involving small amounts of money.

Front

Consumer Rights

Back

The rights afforded to consumers to ensure fair treatment and protection in the marketplace.