Commerce and Choice
Comparison Shopping
Consumer Protection
Payment Choices
I feel lucky
100
Some who purchases goods and services to satisfy needs and wants.
What is a consumer?
100
contacting (by telephone, internet or in person) a number of sellers to obtain the best deal.
What is comparison shopping?
100
an illegal business practice.
What is a scam?
100
EFTPOS
What is abbreviation of Electronic funds transfer at point of sale?
100
the swapping or exchanging of one good for another.
What is barter?
200
things that are necessary for survival, such as water and food.
What is a need?
200
a person or business that sells the products directly to consumers.
What is a retailer?
200
Nigerian Romance
What is an example of a scam?
200
a written communication ordering your financial institution to pay a person a specific amount of money.
What is a cheque?
200
Offer, acceptance and consideration.
What are the elements of a contract?
300
things done for you by others.
What is a service?
300
buying something without giving much thought as to whether you really need it.
What is impulse buying?
300
Trade Practices Act 1974 (Cwlth) and the Fair Trading Act 1987 (NSW).
What are the two laws that protect consumers?
300
any token, with an agreed value exchanged for a good or service.
What is money?
300
a legally enforceable agreement between two or more persons or parties.
What is a contract?
400
things that are not essential to survival
What is a want?
400
Ebay, Amazon and Gumtree
What are sources of comparison shopping?
400
Let the buyer beware.
What is caveat emptor?
400
the extra money you have to pay back when borrowing money.
What is interest?
400
Service, Price, Convenience, Gender, Age, Finance and Environmental.
What are the key factors affecting consumer decisions?
500
a list of income and likely expenditures.
What is a budget?
500
buys goods in large quantities from the manufacturer.
What is a wholesaler?
500
to set right.
What is redress?
500
Supply of money with the promise of paying it back, whilst the other is money from your account.
What is the difference between a credit card and a debit card?
500
Stores once located in residential areas but are now attached to service stations.
What is a convenience 'corner' store?
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