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WorksheetsOnline Shopping Quiz
Total questions: 1
Worksheet time: 7mins
According to the text, what should you focus on when reading expert reviews from trusted websites?
The number of reviews a product has
The star ratings alone
Sites that offer impartial reviews from real experts
The incentives offered for writing reviews
What is recommended to do when reading customer reviews?
Trust all five-star reviews
Only read reviews on social media platforms
Consider the source, author, and history of the review
Ignore negative reviews as they are always fake
What should you search for online to find out about other people's experiences with a product or company?
The product or company name plus the word "review"
The product or company name plus the words "complaint" or "scam"
The product or company name plus the word "discount"
The product or company name plus the word "advertisement"
What should you make notes of when comparison shopping for a product?
The product's manufacturer or model number and details like size, color, or shipping fees
The number of reviews and star ratings
The incentives for writing reviews
The number of negative reviews
What can some comparison shopping sites allow you to do?
Write reviews for products
Get a free product in exchange for writing a review
Sign up to get price alerts when prices change
Ignore expert reviews
What should you learn about when comparison shopping to avoid unexpected costs?
The color and size of the product
The total cost of the product, including shipping, handling, delivery, taxes, or other fees
The brand popularity
The number of reviews the product has
What could the term "refurbished" in a product description imply?
The product is brand new
The product is in less-than-perfect condition
The product comes with a free gift
The product is the latest model
What is a potential risk when expensive brand-name items are offered at bargain prices?
They might come with additional warranties
They could be counterfeit or stolen
They are always in perfect condition
They include free shipping
What does an FTC rule require sellers to do regarding shipping items?
Ship items as they promised in their ads
Offer free returns on all items
Provide a discount on future purchases
Ship items within 60 days after receiving payment
What should you do if you want to take advantage of a seller's price-matching policy?
Ignore the policy as it usually does not result in actual savings
Wait for the item to go on sale elsewhere
Contact the seller to request a match
Purchase the item immediately at the higher price
What should you check for at the beginning of a URL to ensure a website is using encryption to protect your information?
www
http
https
.com
According to the text, what can you do if you pay by credit card but don't receive the item you purchased?
Contact the seller only
Dispute the charge with your credit card company
Wait for the seller to contact you
Write a review about the seller
What should you find out before returning an item for a refund?
Who pays the shipping costs for returns?
How many days do you have to keep the item?
How many reviews the item has
The color of the item
What additional information should you check regarding refund policies for sale items?
If they come with a warranty
If they have different refund and return policies
If they can be exchanged for a different color
If they are available for international shipping
When buying something online, what should you keep records of?
The company's return policy only
The company name and website, what you ordered, the date you ordered it, and what you paid
Only your credit card or bank account statements
The company's privacy policy
What is a risky payment method that scammers might insist on when purchasing items online?
Credit card payments
Gift cards, wire transfers, or cryptocurrency
Direct bank transfers
PayPal
What type of personal information do websites and shopping apps often collect?
Only your email address
Your name, mailing address, phone number, and email
Just your credit card information
Only your shopping preferences
Why might shopping apps use your location data?
To improve the app's interface
To provide personalized advertisements
To tell you whether an item is available at a store near you
To track your movements for security purposes
What should you look at to find out what personal information a website or an app collects and how it will be used?
The app's download page
User Agreement or Terms of Service
The app's FAQ section
Online reviews of the app
Where should you report if you have a problem when shopping online and can't resolve it directly with the seller or site owner?
Local Police Department
ReportFraud.ftc.gov
Better Business Bureau
Consumer Protection Agency
What is bankruptcy?
A legal process to increase one's credit score
A legal process for declaring that a person is unable to pay his or her debts
A financial strategy to avoid paying taxes
A court order to cease all business operations
Who are considered consumers?
People who sell goods and services
People who manufacture goods
People who buy goods and services to satisfy their wants
Businesses that provide services
What is a credit card?
A prepaid card used to buy goods without paying immediately
A loyalty card that offers discounts on purchases
A card that represents an agreement between a lender and a cardholder
A form of identification used for financial transactions
What is the role of a creditor?
A person who borrows money
A person who invests in stocks
A person, financial institution, or other business that lends money
A person who audits financial transactions
What is debt?
The act of saving money for future use
Money that is given to charity
Money owed in exchange for loans or for goods or services purchased with credit
The total amount of money a country has
What is identity theft?
Forgetting one's own personal information
A form of stealing that results in someone gaining access to another person's personal information
The legal change of one's name and identity
The loss of personal documents like a passport or driver's license
What is a lender?
An individual or organization that requests money from a bank
An individual or organization that provides money to a borrower with the expectation that the borrower will pay the money back
An individual or organization that collects taxes
An individual or organization that offers free financial advice
What is a loan?
A sum of money that is never expected to be repaid.
A sum of money provided temporarily on the condition that the amount borrowed be repaid, usually with interest.
A payment made to a professional person or to a professional or public body in exchange for advice or services.
A financial obligation that is not related to borrowing money.
What is a mortgage?
A loan specifically for purchasing stocks and bonds.
A loan for the purchase of a home or real estate.
A loan given to students to pay for their education.
A loan for starting a new business.
What is profit?
The total amount of money a business earns from selling goods or services.
The initial amount of money used to start a business.
The amount of revenue that remains after a business pays the costs of producing a good or service.
The loss incurred when a business's expenses exceed its revenues.
