Consumer Management Quiz

Activity related to the production and distribution of goods and services.

• Economy

• Consumer

• Warranty

• Merchandise

Someone who buys goods and services.

• Economist

• Consumer

• Producer

• Socialist

When you see something and buy it, without giving it any consideration or thought.

• Thought buying

• Impulse buying

• Advertising influences

• Consumer decisions

Written statement or guarantee that the product will work as expected for a set length of time.

• Check

• Merchandise

• Warranty

• Service contract

Products or goods that consumers buy

• Services

• Producers

• Warranty

• Merchandise

An agreement that the store or manufacture will provide repair or replacement services if the product breaks or fails.

• Warranty

• Product information

• Service contract

• Interest

Paying by check is convenient for all of the following reasons EXCEPT

• You do not have to carry cash

• You can send a check through the mail

• You can stop payment or cancel a check

• You can get a discount for paying with a check

If there is not enough money in your account, your check will do which of the following?

• Cancel

• Bounce

• Withdrawal

• Clear

Most debit cards require ??? before each use to prove that you are the person authorized to use the card.

• Social security number

• Address

• Personal identification number

• Fingerprint scan

A credit card lets you use ??? to buy now and pay later.

• Debit

• Credit

• Interest

• Return