Chapter 6: The Household Consumer Flashcards
What is a false economy?
A situation where we buy something that costs less than other brand which seems to be better value but turns out to be more expensive in the long run e.g. buying a cheap battery cost 50c and only last for 3hours instead of a better brand of battery that costs €1 and lasts for 10 hours
What is a consumer
Anyone who buys goods or services for their own use
What does caveat emptor mean?
Let the buyer beware
What does a good consumer do?name four
- check for value and quality
- keeps receipts
- is aware of legal rights under consumer law
- does not buy impulsively
What this is the name of both of the acts
Sale of goods and supplies services act 1980
Consumer protection act 2007
Under the sale of goods and suppliers of services act 1980 what do you goods have to be❓
- Be of merchantable quality
- be fit for purpose
- conform to the sample
- Be as described
Under the sale of the supply services act 1980 services must be:
- Be provided by skilled persons
- use materials fit for the purpose and of merchantable quality
- provide proper care and diligence