chapter 12 business

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9 Terms

1
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consumer

person who buys goods or services for their own use

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good

something you can physically touch

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service

something that is done for you

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own label product

carry the brand of the shop that sells them

5
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guarantee

promise by the manufacturer to replace or repair an item that develops a fault within a specified time frame

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warranty

is like an insurance policy which you must pay a premium

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let the buyer be aware

consumers need to use common sense when buying goods / services

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