2. In this lesson you will learn:
ïŒ The rights that are given to
customers;
ïŒ The responsibilities placed
on customers;
ïŒ The laws concerning
consumer protection; and
ïŒ To practice using consumer
skills.
Lesson Objectives
3. Definition of Terms
Consumers - Someone who has purchased goods
and/or services for personal consumption.
Consumer protection - is the practice of
safeguarding buyers of goods and services, and the
public, against unfair practices in the marketplace.
Product safety - is the ability of a product to be safe for
intended use, as determined when evaluated against a set of
established rules.
4. Definition of Terms
Price - the amount of money expected, required or
given in payment for something.
Price Competition - the situation in which
companies try to sell their products or services at
lower prices than similar products or services sold
by other companies.
Monopoly - the exclusive possession or control of
the supply of or trade in a commodity or service.
5. Consumer Rights
ïBe safe from products that might cause ill
effects or injury.
ïAll the information needed to make a good
choice.
ïProtection from misleading or dishonest
advertising or labeling.
ïA choice of goods and services offered at
competitive prices.
ïReceive refunds or similar compensation if
goods are faulty.
6. Some Laws concerning
Consumer Protection
ï±Foods must be processed, prepared, and
presented under clean conditions to limit the
risk of food poisoning.
ï±Toys can have small parts that younger
children swallow and should not have other
features, such as sharp edges, which could
cause injury.
ï±Electric goods must be properly
manufactured because of the risk of electr
shock.
7. Consumer Responsibilities
ïFind out as much as possible about a
product or service before making a
purchase.
ïExamine an item carefully before making a
purchase.
ïLook for a guarantee.
ïFollow any instructions about how to use a
product safely.
ïPurchase goods and services only from
genuine and legal sources.
8. Fair Price
ï±Competition means that producers,
manufacturers, and service providers try to
get customers to choose a particular brand
of goods or service they offer.
ï±Competition is said to be good for the
consumer because it means that they will be
offered goods and services at a competitive
price.
9. Letâs Answer
1. Do consumers have rights?
2. What should consumers do before they
buy?
3. Are dangerous toys ever banned?
4. When I buy something, why should I keep
the receipt?
5. What if I buy goods that are faulty?
Answer key:
Yes, consumers have rights. These include the right to be heard, the right to choice and the right to information.
Before they buy, consumers should be clear about what they want (for example the size, style and colour), how much they can afford, consumers should check for faults and compare prices.
Yes, each year many toys are banned because they are unsafe.
A receipt is your proof of purchase. It is an important record of where and when you bought something and how much it cost. You need the receipt if something goes wrong and you want a refund.
If you believe the goods you bought are faulty you should stop using them, report the fault and return them as soon as possible. You may need to convince the trader that there is a fault and the goods were not damaged after you bought them.