Shared Flashcard Set

Details

15 and 17
vocab
9
Business
9th Grade
12/15/2014

Additional Business Flashcards

 


 

Cards

Term
Consumer
Definition
A person who buys and sells goods and services
Term
Unit price
Definition
a price per unit of measure
Term
band
Definition
a name given to a product or service to distinguish it from other smilimar and competitive iteams
Term
impulse buying
Definition
buying quickly without having to think about it
Term
mediation
Definition
use of a thrid party who tries to resolve the complaint between the consumer and the business
Term
abritration
Definition
a thrid party action resulting in a decsion that is llegaly binding
Term
small claims court
Definition
a court system in every state that exsits to resolve cses involving small amounts
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