Personal Finance Quiz 6
A(n) __________ warranty covers most repairs of a product.
full
A purchasing decision starts with gathering information.
False
Consumer information from business organizations is usually the most objective type of data available to help in a buying decision
False
Most consumer complaints are resolved with the use of a government agency or by taking legal action.
False
_________ are publicly supported community law offices that provide legal assistance to consumers who cannot afford their own attorney.
Legal aid services
An express warranty is usually in a written form
True
National name products usually cost more than store brands or private label items
True
A legally binding decision by a third part is
arbitration
When leasing a motor vehicle, the capitalized cost refers to the
cost of the vehicle
The highest prices for used cars are usually at a
new-car dealer