Consumers Flashcards

1
Q

What is a need/want?

A

Need-something we can’t live without

Want-things we’d like to have

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2
Q

What varies our needs and wants?

A

Our age-elderly want different than a child

Our lifestyle-salesman(car needed)

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3
Q

What are rights and responsibilities?

A

We have a right to both of these

Right to choose and reliable info

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4
Q

What is the CIA?

A

Consumer information act 1978

Protects consumer against false info

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5
Q

What is a guarantee?

A

Contract between manufacturer and consumer-added bonus

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6
Q

What is redress?

A

Refund
Replace
Repair

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7
Q

What is a consumer?

A

Anyone who buys or uses goods or services

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