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Junior Cert Business
JC Business Consumer
Term | Definition |
---|---|
Customer | Anybody who buys goods and services |
Consumer | A person who buys goods and services for personal use from someone whose business is to sell goods and services |
Trader | Buys goods to sell them |
Brand name | Unique name given to a product to distinguish it from other products |
Contract | Legally binding agreement |
Guarantee | written undertaking that the manufacturer will repair or replace an item within a period of time after the purchase date |
Receipt | Proof of purchase |
Bar Code | Series of lines or numbers on a product read by a computer scanner |
Trade Association | Organisation representing all or most of the producers or sellers in a particular industry |
Credit note | Written document giving the customer permission to select goods in that shop up to the value stated on it |