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Warranties

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

A warranty is a promise that _________ satisfaction.

a)

implied

b)

guarantees

c)

limited

d)

obligations

e)

extended

2.

______ warranties last only for a certain period of time.

a)

implied

b)

guarantees

c)

limited

d)

obligations

e)

extended

3.

You can buy an ________ warranty to lengthen the time period of the guarantee.

a)

implied

b)

guarantees

c)

limited

d)

obligations

e)

extended

4.

The law provides an unwritten or ________, warranty on just about everything you purchase.

a)

implied

b)

guarantees

c)

limited

d)

obligations

e)

extended

5.

You could lose your warranty rights if you fail to follow certain rules, or customer ___________.

a)

implied

b)

guarantees

c)

limited

d)

obligations

e)

extended

6.

What is Warranty used for?

a)

Manufacturer Defect

b)

Buyer's Remorse

c)

Proof of Purchase

d)

Exchange devices from Insurance

7.

Which of the following is true regarding a lifetime warranty?

a)

It lasts for the life of the orginal owner.

b)

A lifetime is defined by the company offering the warranty.

c)

The warranty lasts as long as the product lasts.

8.

If a product is defective and is under warranty the consumer must notify the seller and will typically look to

a)

receive a refund.

b)

have the product repaired.

c)

have the product replaced.

d)

all of the above are an option.

9.

something wrong with a product

a)

defect

b)

sales tax

c)

refund

10.

how much something costs

a)

sale

b)

customer

c)

price

11.

amount taken off the regular price

a)

shoplift

b)

guarantee

c)

discount

12.

promise to repair, replace, or pay for a product if it has a defect

a)

return

b)

guarantee

c)

price

13.

to replace one product with another

a)

rebate

b)

charge

c)

exchange

14.

All consumers have rights when buying new goods/services from a business.

a)

True

b)

False

15.

You buy an Xbox on sale, but when you get home it doesn’t work. Should you:

a)

Take the Xbox to the city dump

b)

Take the Xbox back to the store and demand a full refund of the price you paid or a replacement

c)

Take the Xbox back to the shop and demand a full refund of the price you paid

d)

Nothing, you are out of luck

16.

You buy a lamp but it stopped working after one use. You take it back to the shop and they say you have to return the lamp to the manufacturer yourself. Is this right?

a)

Yes

b)

No