Commerce - Financial decisions

• Acceptable Quality


  A product fit for purpose, acceptable in appearance and finish, free from defects, safe and durable
• Barter


  The swapping or exchange of one good for another
• Budget


  A list of income and likely expenditures
• Comparison Shopping


  Contacting (by telephone, internet or in person) a number of sellers to obtain the best deal
• Contract


  A legally binding agreement
• EFTPOS


  Electronic funds transfer at point of sale
• Income


  Money received on a regular basis from work, property, business, investments, or welfare payments
• Interest


  The extra money you have to pay back when borrowing money
• Mail Order


  To buy products,via catalogues, for delivery by mail
• Redress


  To set right
• Scam


  An illegal business practice
• Unconscionable Act


  Any practice by a seller that is just not reasonable and often illegal