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5.1 List the information that must be included in a building contract to protect the consumer and the building contractor - NSC Consumer Studies - Question 5 - 2022 - Paper 1
Question 5
5.1 List the information that must be included in a building contract to protect the consumer and the building contractor. 5.2 Study the picture of the refrigerator... show full transcript
Worked Solution & Example Answer:5.1 List the information that must be included in a building contract to protect the consumer and the building contractor - NSC Consumer Studies - Question 5 - 2022 - Paper 1
Step 1
List the information that must be included in a building contract to protect the consumer and the building contractor.
Answer
A building contract should include the following information:
- Detailed Breakdown: A detailed breakdown of all costs, including building and legal costs.
- Materials Description: A comprehensive description of all materials and finishes, along with specifications.
- House Dimensions: The exact dimensions or size of the house according to the house plan.
- Completion Date: The expected completion date of the building project.
- Payment Terms: The terms and dates of payment.
- Guarantees: A statement of the guarantees provided by the builder to address any structural defects or issues.
- Cancellation Clause: A clause for cancellation of the contract if either party cannot adhere to it.
- Consequences: Consequences if either the owner or the builder does not fulfill their part of the agreement.
Step 2
Name THREE factors to consider when selecting a refrigerator for a family.
Answer
When selecting a refrigerator for a family, consider the following factors:
- Needs of the Family: Assess the size of the family and the amount of space available for the fridge, along with the specific features required.
- Budget: Consider affordability, efficiency, and whether to choose a new or used model based on available money.
- Safety Features: Evaluate safety features of the refrigerator, including ease of operation and reliability of the dealer.
Step 3
Describe TWO ways in which the refrigerator saves human energy.
Answer
The refrigerator saves human energy in the following ways:
- Auto Defrost Feature: The auto defrost function saves time and effort when maintaining the fridge, making it easier to clean without manual intervention.
- Metallic Finish: The metallic finish not only provides aesthetic appeal but also makes the refrigerator easier to clean, reducing the time spent on upkeep.
Step 4
Explain the benefits of using a solar hybrid refrigerator.
Answer
Using a solar hybrid refrigerator offers several benefits:
- Energy Savings: It utilizes both solar energy and electricity, leading to a reduction of electricity usage by up to 44%.
- Lower Running Costs: The operating costs are significantly lower due to the reliance on solar energy.
- Environmental Benefits: It reduces the demand on the national electricity grid, making it more environmentally friendly by conserving natural resources and decreasing carbon footprints.
- Resilience During Outages: It can continue functioning during power outages, providing consistent performance.
Step 5
Discuss the possible consequences for homeowners if they cannot meet their financial homeownership responsibilities.
Answer
If homeowners cannot meet their financial homeownership responsibilities, they may face several consequences:
- Risk of Foreclosure: Homeowners may run the risk of losing their homes due to inability to make monthly repayments, leading to potential repossession.
- Loss of Value: If the property is not serviced and maintained, it may lose its market value over time, becoming dilapidated and unlivable.
- Service Interruptions: Failure to pay related bills may result in the discontinuation of essential services, like electricity, water, or gas.
- Financial Instability: Ongoing financial issues can lead to a negative impact on credit rating, affecting the ability to secure future loans or mortgages.
- Stress and Uncertainty: The emotional burden of financial issues can lead to significant stress and anxiety for homeowners.