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OCR GCSE Business Studies
4. Operations
4.4 Consumer law
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Cards (40)
What does the Consumer Rights Act 2015 ensure for consumers?
Satisfactory quality goods
What is the primary purpose of consumer law?
Protect consumer rights
What does the Unfair Contract Terms Act 1977 prevent businesses from including in contracts?
Unfair terms
What should consumers review before signing a contract?
Contract terms
The Unfair Contract Terms Act 1977 prohibits businesses from including unfair terms in consumer
contracts
Consumer law ensures businesses do not engage in deceptive or unfair practices, such as misleading
advertising
Consumer law
refers to the laws and regulations that protect the rights of consumers when purchasing goods and
services
Match the consumer law with its description:
Consumer Rights Act 2015 ↔️ Establishes consumer rights
Unfair Contract Terms Act 1977 ↔️ Prohibits unfair contract terms
Sale of Goods Act 1979 ↔️ Outlines buyer and seller rights
The Consumer Rights Act 2015 allows consumers to return faulty goods within 30 days for a
full refund
.
True
The Consumer Rights Act
2015
ensures goods are of satisfactory quality, fit for purpose, and as described.
True
The purpose of consumer law is to protect consumer rights and ensure fair treatment when purchasing goods and services.
True
Goods must meet a reasonable standard considering their price and description to be of satisfactory quality under the Consumer Rights Act
2015
.
True
Which act requires contract terms to be fair and prohibits clauses that unfairly disadvantage consumers?
Unfair Contract Terms Act 1977
What type of responsibilities do consumers have to ensure fair and ethical purchases?
Consumer responsibilities
Reviewing and understanding contract terms before signing is an example of reading
contracts
Match the consumer law enforcement organization with its role:
CMA ↔️ Enforces competition law
ASA ↔️ Regulates advertising standards
FCA ↔️ Oversees financial services
Trading Standards ↔️ Protects consumers at the local level
Businesses incur compliance costs to meet consumer law
standards
Upholding consumer rights improves customer trust and
satisfaction
What are consumers entitled to if they purchase a faulty gadget under implied terms?
Repair, replacement, or refund
What is consumer law designed to protect?
Consumer rights
The Unfair Contract Terms Act
1977
prohibits businesses from including unfair terms in consumer contracts.
True
Consumer law ensures businesses do not engage in deceptive or unfair
practices
Consumer responsibilities include providing truthful
information
Consumer law
refers to the laws and regulations that protect the rights of consumers when purchasing goods and
services
Which act outlines the rights and responsibilities of buyers and sellers in the sale of goods?
Sale of Goods Act 1979
Within how many days does the Consumer Rights Act 2015 allow consumers to return faulty goods for a full refund?
30 days
Goods must be suitable for their intended purpose to be considered
fit
Consumers have a responsibility to review and understand contract terms before
signing
Providing truthful information during a purchase is an example of consumer
honesty
.
True
Following consumer responsibilities promotes transparency and protection under consumer laws.
True
Consumer law enforcement organizations ensure businesses operate
ethically
.
True
Consumer law requires businesses to be transparent about product details and pricing.
True
Match the case type with its implication for consumers:
Implied Terms ↔️ Goods must function as intended
Unfair Contract Terms ↔️ Consumers can challenge unreasonable terms
Consumers have the right to return faulty goods for repair, replacement, or refund under the Sale of Goods Act
1979
.
True
Consumer responsibilities ensure fair and ethical
purchases
What should a consumer do if they discover a defective product?
Report the issue
Which organization investigates misleading or harmful advertisements?
Advertising Standards Authority
What legal risks do businesses face if they fail to meet consumer rights?
Liability risks
What does the Consumer Rights Act 2015 require businesses to ensure about their goods?
Satisfactory quality
Understanding consumer law cases fosters trust and fair
transactions