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bussines
unit 1 unit 2
| Term | Definition |
|---|---|
| Unsolicited goods | Were goods are sent to people who have not ordered them and a bill is sent requesting payment for goods. |
| Consumer | A consumer is a person who buys goods for there own use |
| Customer | A customer is simply someone who buys something whether to use it or to re-sell it. |
| Small cliams court | This is a quick cheap and effective way of resolving a consumer dispute involving up to 2000 compersation. |
| Invitation to treat | Invitation to treat is an invitation to shoppers to offer that price for that item the shop is free accept or to reject such an offer. |
| Capicity to contract | Person under the age of 18 years of age or a person insane or drunk cannot enter into a contract. |
| Warranty | A warranty is a less important clause. Breaking a warranty does not break the contract itself.Example if a band for a wedding arrives a half an hour late that does not end the contract, But if the band does not arrive at all that ends the contract. |
| Specific performance | This means asking a court to instruct the other party to go through with the contract as agreed. |
| Breach | One party breaks a condition of the contract. It is a way of ending the contract. This is the same of ending a contract |
| Producers | Producers turn raw materials into finished product. They try to make a profit by keeping cost prices competitve |
Created by:
evanlynagh10
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