Module 9 Test Review

What is one wise buying strategy that involves knowing the choices available?

• Comparing prices

• Ignoring reviews

• Buying impulsively

• Avoiding discounts

Smart consumers compare on the basis of three factors. Name one of them.

• Price

• Quality

• Brand

What are the types of shopping locations for consumers?

• Malls, Online Stores, Local Markets

• Only Malls

• Only Online Stores

• Only Local Markets

Which of the following is a Traditional Retailer?

• Office Max

• Macys

• Sams Club

• Internet

The Consumer Bill of Rights includes which of the following?

• Right to Safety

• Right to be Informed

• Right to Choose

• All of the above

Who presented the Consumer Bill of Rights in 1962?

• Richard Nixon

• John F. Kennedy

• Lyndon B. Johnson

• Gerald Ford

The Right to Safety ensures for consumers:

• protection against hazardous goods and services

• access to free goods and services

• right to choose any product without restrictions

• guarantee of the lowest prices

An Implied Warranty is:

• A written guarantee provided by the seller

• A guarantee that is not written but is assumed by law

• A warranty that covers only specific parts

• A warranty that lasts for a lifetime

What is the Right to Consumer Education according to Ford?

• The right to be informed about products and services

• The right to receive education and information about consumer rights

• The right to access consumer education programs

• The right to demand consumer education from companies

What should consumers expect according to the Right to Service by Clinton?

• Efficient and timely service

• Lower prices

• More product choices

• Extended warranties