Question 1

The most consistent quality is usually found with nationally known,brand-name products.

Accepted Answer

A) True 
 B)False

Question 2

A high tech scam that uses spam or pop-up messages to deceive you into revealing your credit card number,bank account information,social security number,passwords,or other sensitive information is called:

Accepted Answer

A)  pharming
B)  phishing
C)  Internet pyramid scheme
D)  bogus "campus card" scheme
E)  foreign scamF) A) and E)
G) All of the above

Question 3

Advertising is a type of consumer information commonly provided by business organizations.

Accepted Answer

A) True 
 B)False

Question 4

The main purpose of Consumers Union is to:

Accepted Answer

A)  evaluate the quality of products and services.
B)  reduce fire hazards of home appliances.
C)  handle consumer complaints from government workers.
D)  represent the government in consumer complaint hearings.
E)  provide environmental information on automobiles.F) A) and E)
G) B) and D)

Question 5

Greg Rossman likes to play golf.This would be an example of a(n) _________ factor that influences his purchasing decision.

Accepted Answer

A)  economic
B)  social
C)  personal
D)  global
E)  financialF) A) and E)
G) A) and D)

Question 6

An example of an economic buying influence would be:

Accepted Answer

A)  family size.
B)  inflation.
C)  advertising.
D)  hobbies.
E)  place of residencE.F) C) and D)
G) C) and E)

Question 7

Several federal government agencies publish materials to assist consumers with buying decisions and financial planning.

Accepted Answer

A) True 
 B)False

Question 8

One way to gather information about a product is to use an independent testing organization like Consumers Union.

Accepted Answer

A) True 
 B)False

Question 9

A limited warranty covers all aspects of the product and does not require the buyer to incur any of the costs for shipping and repairs.

Accepted Answer

A) True 
 B)False

Exam 8: Consumer Purchasing Strategies and Legal Protection

A limited warranty covers all aspects of the product and does not require the buyer to incur any of the costs for shipping and repairs.

Correct Answer
verified

A high tech scam that uses spam or pop-up messages to deceive you into revealing your credit card number,bank account information,social security number,passwords,or other sensitive information is called:

Correct Answer
verified

An example of an economic buying influence would be:

Correct Answer
verified

Several federal government agencies publish materials to assist consumers with buying decisions and financial planning.

Correct Answer
verified

Greg Rossman likes to play golf.This would be an example of a(n) _________ factor that influences his purchasing decision.

Correct Answer
verified

The most consistent quality is usually found with nationally known,brand-name products.

Correct Answer
verified

Advertising is a type of consumer information commonly provided by business organizations.

Correct Answer
verified

The main purpose of Consumers Union is to:

Correct Answer
verified

One way to gather information about a product is to use an independent testing organization like Consumers Union.

Correct Answer
verified

Exam 8: Consumer Purchasing Strategies and Legal Protection

A limited warranty covers all aspects of the product and does not require the buyer to incur any of the costs for shipping and repairs.

Correct AnswerverifiedShow Answer

A high tech scam that uses spam or pop-up messages to deceive you into revealing your credit card number,bank account information,social security number,passwords,or other sensitive information is called:

Correct AnswerverifiedShow Answer

An example of an economic buying influence would be:

Correct AnswerverifiedShow Answer

Several federal government agencies publish materials to assist consumers with buying decisions and financial planning.

Correct AnswerverifiedShow Answer

Greg Rossman likes to play golf.This would be an example of a(n) _________ factor that influences his purchasing decision.

Correct AnswerverifiedShow Answer

The most consistent quality is usually found with nationally known,brand-name products.

Correct AnswerverifiedShow Answer

Advertising is a type of consumer information commonly provided by business organizations.

Correct AnswerverifiedShow Answer

The main purpose of Consumers Union is to:

Correct AnswerverifiedShow Answer

One way to gather information about a product is to use an independent testing organization like Consumers Union.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified