Exam 8: Consumer Purchasing Strategies and Legal Protection

Hector Ramirez has decided he needs a new car so that he has reliable transportation to work.He is getting recommendations from his friends as to what might be a good car to purchase.He is also looking at the Consumer Reports magazine to determine what they recommend as a safe,low maintenance car,and he has searched some web sites on the internet as well.What step in the purchasing process is Hector carrying out?

Which one of the following is not a common consumer myth?

Recently,Jim Dahl was on a bus tour in a mountainous area.The bus broke down forcing the group to stay overnight.Group members had to pay for their own hotel bills.Jim believes that the hotel cost for the group should be paid by the tour company.Which legal action would be most appropriate?

Describe four common consumer myths.Why do you think they continue to be believed by many consumers? Offer suggestions for ways to increase consumer awareness of such myths.

The purpose of small claims court is to:

The price that is paid for a vehicle in a lease is called the: