Unit 7 - Caveat Emptor
Rebate
A deduction from a full purchase amount hat is repaid to the consumer
Inventory
A detailed accounting of all the goods in stock
Warranty
A guarantee that is legally binding to the company that issues it
Commentator
A news broadcaster or reporter who adds analysis after reporting
Acting Ethically
Acting within the good principles of society, and within the accepted rules of proper behavior
Odometer
An instrument used to measure the distance traveled by a vehicle
Impulse Buying
Buying without planning or forethought, "on the spot" purchase
Caveat Emptor
Latin phrase means "let the buyer beware", buyer of defective goods cannot hold seller legally responsible
Coupon
Printed certificates which offer the bearer certain financial advantages such as discounts or rebates
Return Policy
Product may be brought back by the purchaser to the seller for an exchange