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Consumer
Question | Answer |
---|---|
A Consumer is | Anyone who buys goods or services for their own personal use or consumtion. |
A False economy is | Asituation where a purchase which appears cheaper turns out in the long run to be more expensive. |
Caveat Emptor | Let the buyer be ware. |
A credit note is | A document made out to the consumer for the value of the goods returned. It allows them to purchase other goods from that shop equal in value to the goods returned. |
A garentee is | A promise by a manufacturer to repairor replace damaged goods free of charge within a stated period of time. |
A good is | -Something tangible -It can be seen -usually consumed immediately -examples include: Food, Furniture, Cars, Games consoles ECT. |
A service is | -Something that is done for you, by a person or machine. -Examples include: Service on a chair |
Merchantable quality | This means that the goods should be of reasonable quality, considering what they are supposed to do, the price paid and how long they should last. |
Fit for their purpose | Example:a washing machine must be capable of washing clothes, a cpmbined fridge freezer must be capable of freezing food. |
As described | Example:a jacket described as water proof should not let rain in. |
Conform to sample | Example:the wallpaper or carpet you recieve should be the same as the sample shown to you in the shop when you order it. |