Y8 Commerce Quiz

Buyer beware can be described as caveat ______?

Pay Day Loans are?

• Difficult to apply for

• High risk

• Low risk

• 100% legal

Ensuring that both parties receive something in return (such as a product + payment) in a contract.

A child cannot form a legal contract because they don't have legal __________.

Daisy posts a car online for $1. Maxime wants to buy it and sues Daisy when she doesn't agree to sell it to him for the price advertised. This is because there was a lack of offer and __________.

If Victor blackmails Mr Darius into signing a contract, it is not legal because there is a lack of genuine _________.

A contract is an agreement which is?

• Legally binding

• A promise

• A suggestion

• Just a piece of paper

One responsibility of the consumer is to buy products from _______ sources.

The consumer must accept most of the ___________.

A right of the consumer is for _____ ________ on terms of sale.