Flashcards in Consumer Studies Deck (44)
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Consumer
Anyone who buys goods or uses services
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Goods
Items that are bought by consumer e.g food, clothes, phones
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Services
An action of helping or doing work for someone e.g telephone, internet
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State services
Services that are paid by taxation
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Needs
What we must have to survive e.g food clothing shelter
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Consumer rights
It is something to which you are entitled to
E.g right to redress, safety, choose, accurate information, quality
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Wants
The extras that may make life more pleasant or comfortable e.g holidays, jewellery,
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Consumer Responsibility
It is something you must do and for which you are answerable
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Consumers right to choice
The consumer has a right to choose which brand of goods or which service they wish to buy
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Consumer responsibilty to choice
It is their responsibility to make good informed choices before buying goods and services
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Monopoly
Only one manufacturer or supplier provides a service and there no competition
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Consumer right to quality and value for money
ConsumersOnly one manufacturer or supplier provides a service and there no competition have the right to buy an item or use service of a high standard and quality, (often the price paid for an item is in proportion to the quality)
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Consumer responsibility to quality
It is their responsibility to examine products and services and compare orices before buying
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Consumer right to accurate information
It is their right to see provided clear and accurate information of a good or service
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Consumer responsibility to accurate information
It is their responsibility to read labels and ask for information if in doubt
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Consumer right to safety
It is their right to expect that goods and services will not be harmful or endanger their lives
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Consumers responsibility to safety
It is their responsibility to heed warnings and to follow instructions carefully
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Consumer right to redress
They have the right to complain and be compensated if he/she buys an item or service that turns out to be faulty
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Consumer responsibility to redress
It is their responsibility to know their rights and to complain if those rights are refused.
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Consumer protection is necessary to ....
Protect the rights of consumers
Give consumers a way of redress if their roghts are not granted
Guard against abuse of dishonest sellers and manufacturers
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The consumer is protected by
Consumer laws
Statutory(government)agencies
Voluntary agencies
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Consumer laws
Sale of Goods and Supply of Services Act of 1980
Consumer Information Act 1978
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Under the Sale of Goods and Supply of Services Act 1980 goods should.....
Be of merchantable quality
Be fit for their purpose
Be as described
Correspond with samples
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Consumers are entitled to expect that (services)
The supplier has the necessary skill to provide the service
The supplier will provide the service with proper care and diligence
Materials used will be sound
Any goods supplied for the service will be of merchantable quality
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Guarantee
It is an extra bonus to the consumer, it is a promise made by the manufacturer that he/she will make good any faults in an item for a specific period of time after purchase
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Three forms of redress
Refund, repair or replace
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You are not covered in a guarantee if .......
You misuse the goods or ignored advice from the seller about how the goods should be used
If you simply change your mind about the goods
If the fault was pointed out to you before sale
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Points to consider at a guarantee
You are allowed to accept a credit note instead of refund, repair or replacement
Cheque stubs and or credit statements are acceptable proofs of purchase
If you buy goods by credit card or lease, rent goods are protected by the Sale of Goods and Supply of Services Act 1980
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The purpose of the Consumer Information Act 1978
Protect consumers against false or misleading claims abouts goods, service or prices
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