If the Supplier of Goods Fails to Comply with a Consumer

question 17

Multiple Choice

If the supplier of goods fails to comply with a consumer guarantee which is not a major failure, a consumer may:

• A) Require the supplier to remedy the failure.
• B) Immediately reject the goods.
• C) Seek compensation.
• D) Immediately have the failure remedied elsewhere.

Understand the difference between ordinary annuities and annuities due and their valuation.

Calculate time required for investment growth under constant growth rates.

Compute present and future values of lump sum amounts under various interest rates and time periods.

Determine the years required for an investment to reach a specified multiple under a given annual interest rate.

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Definitions:

Children

Young human beings below the age of puberty or below the legal age of majority.

Caloric Content

The amount of energy provided by a food or drink item, measured in calories.

Dinner

The main meal of the day, traditionally eaten in the evening or late afternoon.

Television Influence

The impact or effect that television content can have on the attitudes, behavior, and values of individuals or groups.