Consumer law (OCR GCSE Business): Quizzes

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4.4 Consumer law
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What standard must goods meet under 'Satisfactory Quality' in the Consumer Rights Act 2015?

Standard a reasonable person finds satisfactory

What does 'Fit for Purpose' mean under the Consumer Rights Act 2015?

Goods should fit the purpose supplied for

Under the Consumer Rights Act 2015, what must goods match?

The description given by the seller

What processes should businesses implement to maintain high standards?

Quality control and assurance processes

What four qualities must advertisements have according to consumer law?

Legal, decent, honest, and truthful

What is the safety requirement for products under consumer law?

Safe to use with no risk of injury or death

What checks must businesses conduct to comply with safety standards?

Rigorous safety checks

What financial risk do businesses face if products are unsafe?

Pay out large sums in compensation

What can happen to a business in extreme cases of non-compliance with consumer law?

The business may be forced to close

How does compliance with consumer laws affect a business's reputation?

Compliance enhances reputation

Which can be more costly: long-term reputation damage or immediate financial penalties?

Long-term damage to reputation

What benefits do customers provide when businesses adhere to consumer laws?

Trust, loyalty, repeat business & word-of-mouth

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