Chapter 15 Flashcards

1
Q

Consumers united to demand fair treatment from businesses

A

Consumer movement

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2
Q

When consumers are given false information in an effort to make a sale

A

Fraud

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3
Q

A promise by the manufacturer dealer usually written in writing that a product is of a certain quality

A

Guarantee

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4
Q

They guarantee made orally or in writing and promises a specific quality of performance

A

Express warranty

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5
Q

A guarantee that is imposed by law and is understood to apply even though it has not been stated

A

Implied warranty

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6
Q

Involves the use of a third-party who tries to resolve the complaint between the consumer in the business

A

Mediation

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7
Q

Results in the decision that is legally

A

Arbitration

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8
Q

A legal action by one party on behalf of a group of people who all have the same grievance

A

Class action suit

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9
Q

The opposite of spending time and effort is buying too quickly

A

Impulse buying

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