NSC Consumer Studies Banking and payment methods: Various options are provided as

Question

Various options are provided as possible answers to the following questions. 
Choose the correct answer. 
1.1.1 The cooling-off period in which you are allowed to cancel a contract and an item bought by means of direct marketing is ... working days.
A five 
B seven 
C ten 
D fourteen

1.1.2 An example of nonrenewable energy:
A Biomass 
B Wind 
C Water 
D Coal

1.1.3 Jacob started a club where each member contributes R1 000 per month to a central pool and they get money on a rotating basis. 
This is a ...
A pyramid scheme. 
B environmental scheme. 
C hedge fund. 
D none of the above.

1.1.4 The infolinks the last date on which the product should be used is known as the...
A use by date.
B sell by date.
C best before date.
D expiry date.

1.1.5 Gelatine is used as ... in a cheesecake cake.
A binder.
B preservative.
C stabilizer.
D emulsifier.

1.1.6 An eco-conscious consumer will select a ... package. 
A plastic.
B paper.
C tin. 
D all.

1.1.7 ... will help to ensure that a business always has sufficient funds to supply. 
A A cash flow projection.
B The balance sheet.
C The income statement.
D The working capital.

1.1.8 The most important factor to be considered before starting a new business is ...
A Set standards for the product.
B Identify the number of hours that could be sold.
C Determine product costs.
D Find a market.

1.1.9 The graph above represents a ... curve.

1.1.10 The graph on page 4 represents the possible life span of the following:
A White shirt.
B Black skirt.
C Orange balloon skirt.
D A building contract is signed by the...
A lesser and homeowner.
B buyer and seller.
C tenant and landlord.
D bank and balloon.

1.1.11 The requirement to qualify for a government subsidy:
A An income of more than R5 000 per month.
B Having a certain partner dependant.
C Having an alternative income.
D Given purchasing can be by means of... the item stays in the

1.1.12 In a sale and lease transaction...
A The lease ends after 12 months.
B The lease ends at the expiry date of the contract.
C The buyer and seller are responsible. 
D The buyer has the option to buy.

1.1.13 The document that proves ownership and a buyer of a property:
A Bill of sale.
B Franchise.
C Offer to purchase.
D Subsidy.

1.1.14 An eco-conscious consumer is...
A A consumer who chooses local providers.
B A consumer that chooses recyclable materials.
C A consumer that uses a credit provider.
D A consumer that uses a community development fund.

1.1.15 The aims of sustainable development are the following:
A Enough funds for raw materials.
B Enough labour to manufacture.
C Achieve a long-term vision of continuing growth.
D Checking of materials produced.

1.2 Match the receiver of fees in COLUMN B with the housing fees in COLUMN A. Write only the letter (A–F) next to the question numbers (1.2.1 – 1.2.4) in the ANSWER BOOK.

COLUMN A                                          COLUMN B
1.2.1 Housing fees returned to:
1.2.2 Transfer fees:
1.2.3 Property fees:
1.2.4 Initiation fees:

The only thing that is certain in fashion is that it will change.

1.3 Identify TWO terms in the list below that relate to fashion. Write only the term next to the question numbers (1.3.1 to 1.3.5) in the ANSWER BOOK.
A Style
B Launch
C Classic
D Retrospective

1.5 Sipho produces and sells masks in his community.
Identify THREE statements - in the tab below which will assist him, with relevant provisions. Write only the letters (a-c) next to the question number.
A Enough funds for raw materials
B Enough labour to manufacture
C Achieve a long-term vision of continuing growth
D Checking of masks produced.

1.6 Read the description in COLUMN B and the management in COLUMN
A. Then write the letter in the column next to the questions in the
C column.
COLUMN A             COLUMN B.
FOOD-RELATED                    DESCRIPTION
HEALTH CONDITION
1.6.1 Obesity                            A The body is massive and has
                                       B Excess getting too large
1.6.2 Diabetes                          C The body is too thin
1.6.3 Cardio disease                    D The immune.

Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1

1.1.1 The cooling-off period in which you are allowed to cancel a contract and an item bought by means of direct marketing is ... working days.

1.1.2 An example of nonrenewable energy:

1.1.3 Jacob started a club where each member contributes R1 000 per month to a central pool and they get money on a rotating basis. This is a ...

1.1.4 The infolinks the last date on which the product should be used is known as the...

1.1.5 Gelatine is used as ... in a cheesecake cake.

1.1.6 An eco-conscious consumer will select a ... package.

1.1.7 ... will help to ensure that a business always has sufficient funds to supply.

1.1.8 The most important factor to be considered before starting a new business is ...

1.1.9 The graph above represents a ... curve.

1.1.10 The graph on page 4 represents the possible life span of the following:

1.1.11 The requirement to qualify for a government subsidy:

1.1.12 In a sale and lease transaction...

1.1.13 The document that proves ownership and a buyer of a property:

1.1.14 An eco-conscious consumer is...

1.1.15 The aims of sustainable development are the following:

1.2 Match the receiver of fees in COLUMN B with the housing fees in COLUMN A.

1.3 Identify TWO terms in the list below that relate to fashion.

1.5 Sipho produces and sells masks in his community.

1.6 Read the description in COLUMN B and the management in COLUMN A.

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