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4.2 Consumer Choice, Attitude, and Preference

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Why is it possible for businesses to be at the mercy of the marketplace?

a)

Businesses are never at the mercy of consumers

b)

Because of competition in the Market Place

c)

Because of strong consumer unions

d)

Because of the growth of international trade

2.

What must the consumer have to protect themselves in the Market Place?

a)

Knowledge

b)

Informed

c)

Money

d)

A good lawyer

3.

Without help from a lawyer there is no way a consumer can influence businesses

a)

False

b)

True

4.

Because of business expertise and knowledge Consumer Protection organizations are required.

a)

False

b)

True

5.

All Consumer Protection Organizations are established by Countries

a)

False

b)

True

6.

The EU Consumer Protection Network serves who?

a)

Consumers in Eastern Europe

b)

Consumers in the European Union

c)

Businesses in Eastern Europe

d)

Businesses in the European Union

7.

The United Nations Conference on Trade and Development focuses on what?

a)

Consumers all over the world

b)

Consumers in United Nations member countries

c)

International Trade

d)

Economic Issues

8.

In general, Vietnamese are not well informed on consumer issues

a)

True

b)

False

9.

What is the top complaint of Vietnamese regarding consumer complaint issues?

a)

Electronics

b)

Food and Beverage

c)

Poor Customer Service

d)

Poor Housing

10.

Why do most Vietnamese choose not to pursue legal remedies regarding consumer complaints

a)

They don't want to make trouble

b)

They are afraid they might attract the attention of the police

c)

They don't believe there are any real legal remedies

d)

They are afraid of being sued by the business they complain about.

11.

What is the acronym for the Vietnamese law of consumer protection?

a)

VLOCP

b)

VLP

c)

LOCONPRO

d)

LoCP

12.

What are the two important things the Vietnamese Law Of Consumer Protection does?

a)

More Consumer Rights

b)

Introduces legal remedies to the Vietnamese consumers

c)

Provides consumer education for Vietnamese consumers

d)

Increased Seller Responsibility

13.

Consumers International focuses on who?

a)

International Trade

b)

World Economic Issues

c)

Business Issues

d)

All consumers

14.

What does the Vietnamese Consumer law Prohibit

a)

Illegal seller conduct

b)

Illegal buyer conduct

c)

Illegal government conduct

d)

The law does not prohibit anything..

15.

Contracts must always be in Vietnamese

a)

True

b)

False

16.

The seller can make changes to a final contract with the buyer's consent.

a)

True

b)

False

17.

If the buyer finds a defect in the product they can

a)

Receive a reduction in the price of the product

b)

Have the seller arrested

c)

Receive a refund of their purchase price

d)

Demand that the product be repaired

18.

What is the definition of "defective" in the Vietnamese Consumer Law?

a)

Product is over priced

b)

Poor Quality

c)

Deliver time is too slow

d)

Unsafe Product

19.

In one word, what can weaken Consumer Protection the most?

a)

The Courts

b)

Unscrupulous business practices

c)

Politics

d)

Uncaring consumers

20.
Assume that people like onions on their hamburgers. If the supply of hamburgers decreases, the demand for onions will most likely: 
a)
increase because hamburgers and onions are substitutes 
b)
increase because hamburgers and onions are complements 
c)
decrease because hamburgers and onions are substitutes 
d)
decrease because hamburgers and onions are complements 
21.

The person who grows, makes or sells products is a …………..

a)

producer

b)

consumer

c)

goods

d)

business

22.

A person who buys and uses goods and services is a ………...

a)

goods

b)

services

c)

producer

d)

consumer

23.

Work done by others is ………………….

a)

goods

b)

service

c)

producer

d)

consumer

24.

Things that can be bought or sold are...………...

a)

producer

b)

consumer

c)

goods

d)

services

25.

This is the money left over after all expenses are paid.

a)

Profit

b)

Mark-up Percentage

c)

Total Cost

d)

Mark-up Price