Consumer Rights And Responsibilities

Question 1

What is a consumer?

Answer 1

Consumer is someone who buys goods and services for their own use.

Example: You going into the shop to buy a bar of chocolate to eat for your lunch.

Question 2

Wise consumer

Answer 2

Do I really need it? Avoid Impulse Buying
Can I afford it?
‘Is it good value for money?’ Avoid False Economies
‘Can I get it cheaper elsewhere?’
Are there hidden charges/fees?
Is the product safe? Does it cause harm to me or others?
Get a receipt when you buy something

Question 3

Impulse Buying

Answer 3

Impulse Buying occurs when we make a sudden, unplanned decision to buy something.

Question 4

False Economy

Answer 4

is when we purchase a cheaper product, but it turns out to be more expensive in the long run because it doesn’t last as long and needs to be replaced sooner.

Example: Buying cheap batteries for €1 that go flat after 2 hours instead of buying a more reliable brand that costs €4 but lasts 2 months.