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WorksheetsConsumer Awareness: Unit Four Review
Total questions: 45
Worksheet time: 11hrs 15mins
Define the term warranty in your own words.
Charging purchases to a (a) can protect you if something goes wrong.
When you write a complaint letter, always describe the remedy, or _______ you'll accept.
solution
sulotion
silution
sulition
superstition
What is debt?
Money that is spent
Money that is owed because of borrowing
Money that you lend to others
Credit Card is a type of what?
bond
Loan
savings
Select all that is a form of Good Debt
Mortgage
Credit Card
Student loan
Macy's Credit card
What is a mortgage?
Car loan
business loan
Home loan
You're actually borrowing money each time you make a credit card charge.
True
False
A credit card can come in handy if you are faced with an emergency.
True
False
For your own protection, never ___________.
give personal information to any stranger who calls or sends you an e-mail
take time to check out a company's reputation
ask a telemarketer to stop calling you
avoid phone calls from unknown numbers
If a telemarketing or e-mail offer sounds too good to be true, it's best to ________.
give out your credit card number
protect yourself by saying "No, thanks" or deleting the e-mail
send money in advance
believe everything you hear or read
A (a) is a dishonest scheme to get money from you.
Giving a free sample is a form of ......
telemarketer
promotion
customer profile
As a consumer, or ________, you have the right to be satisfied with anything you purchase.
buyer
seller
bayer
cellar
When someone steals and uses your debit or credit card info, that's called __________.
Networking
Borrowing
Fraud
Authorized spending
A warranty is a promise that _________ satisfaction.
implied
guarantees
limited
obligations
extended
______ warranties last only for a certain period of time.
implied
guarantees
limited
obligations
extended
You can buy an ________ warranty to lengthen the time period of the guarantee.
implied
guarantees
limited
obligations
extended
You could lose your warranty rights if you fail to follow certain rules, or customer ___________.
implied
guarantees
limited
obligations
extended
What is Warranty used for?
Manufacturer Defect
Buyer's Remorse
Proof of Purchase
Exchange devices from Insurance
A (a) is another name for a guarantee.
If a product is defective and is under warranty the consumer must notify the seller and will typically look to
receive a refund.
have the product repaired.
have the product replaced.
all of the above are an option.
something wrong with a product
defect
sales tax
refund
how much something costs
sale
customer
price
promise to repair, replace, or pay for a product if it has a defect
return
guarantee
price
Your credit card company can help you _________ payments on a disputed charge
demand
delay
defect
deliver
If you get a _________ on items you charge, money will be subtracted from your balance.
rebate
debate
rebait
debait
Try to settle complaints by phone or in person. If that doesn't work, ________.
write a complaint letter
go directly to court
tell your mom
boycott the store
An extended warranty __________ the term of the guarantee.
lengthens
shortens
sweetens
darkens
_______ give personal information to strangers who offer special deals by phone or Internet.
Never
Sometimes
Always
Occasionally
If your credit card is lost or stolen, notify your credit card company immediately. Otherwise you might have to pay for________.
a new credit card
unauthorized charges
stolen card insurance
overdraft fees
Most consumer protection groups________.
settle buyer-seller disputes
find the best bargains in town
hire a good lawyer
have weekly pizza parties
If you have bought the wrong size clothing or footwear, you are legally entitled to exchange for right size.
True
False
All consumers have rights when buying new goods/services from a business.
True
False
You buy an Xbox on sale, but when you get home it doesn’t work. Should you:
Take the Xbox to the city dump
Take the Xbox back to the store and demand a full refund of the price you paid or a replacement
Take the Xbox back to the shop and demand a full refund of the price you paid
Nothing, you are out of luck
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?
Yes
No
Telephone sales people are formally known as _________.
Consumers
Adulterated
Telemarketers
Annoying
In order to make a return you usually need a ________.
Receipt
Reciept
Record
Register
If something is sold at half price, it is sold at....
50% of the price
25% of the price
75% of the price
30% of the price
If something is a bargain...
It is really expensive
It is really cheap
It is free
It is of poor quality
You can buy used furniture at/through ___________.
classified ads
thrift stores
garage sales
flea markets
You can easily get a refund on fresh lettuce.
True
False
If you return something to a store most stores will give you a refund if________.
They are in a good mood
If you broke it.
If it was defective to begin with.
For any reason.
Prices on seasonal items drop _________ the season is over.
before
after
Words like "fresher, smoother, faster, and better," are used to ________.
compare.
entice.
inform.
entertain.
