Shopping Online (Junior Cert Business Studies): Flashcards
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Practise the cards
14 cards from this deck
Definition of distance selling
Definition of distance selling
Sale & purchase of goods/services not in person (e.g. online)
Definition of e-commerce
Definition of e-commerce
Sale & purchase of goods/services on the internet
Opening hours of online stores
Opening hours of online stores
24/7, unlike physical shops with set hours
Why online retailers can offer cheaper prices
Why online retailers can offer cheaper prices
Lower costs (no rent for shop space)
Advantage of electronic receipts
Advantage of electronic receipts
Stored automatically and won't get lost
Risk of one-click buying with stored payment details
Risk of one-click buying with stored payment details
Can lead to impulse buying and debt
Impact on physical shops when people shop online
Impact on physical shops when people shop online
May lose sales and be forced to close
Limitation: examining products when shopping online
Limitation: examining products when shopping online
You cannot examine or try products before buying
What consumer rights depend on when shopping online
What consumer rights depend on when shopping online
Where the seller is located, not where you live
EU cooling off period for online shopping (days)
EU cooling off period for online shopping (days)
14 days to cancel order for any reason
Timeframe for seller to give refund (EU)
Timeframe for seller to give refund (EU)
Within 14 days of cancellation
Do EU consumer rights apply to non-EU purchases?
Do EU consumer rights apply to non-EU purchases?
No, the Directive on Consumer Rights does not apply
Tax paid on non-EU purchases
Tax paid on non-EU purchases
Value Added Tax (VAT)
Customs duty threshold for non-EU purchases
Customs duty threshold for non-EU purchases
€150 (duty applies if purchase exceeds this)