Across
- 1. the seller's promise that the product sold is fit for its intended purposes
- 3. the retailer determines the credit limit and payment terms
- 4. enables customers to charge purchases during a month and pay its balance in full within 30 days
- 6. one that takes effect automatically by law whenever a purchase is made
- 7. one that is explicitly stated in writing or verbally to encourage a customer to buy a product
- 8. allows for payment over time
- 10. a statement that contains expectations to and exclusions from a warranty
- 11. enables businesses or individuals to obtain products or money in exchange for a promise to pay later
- 12. guarantees that if a product is found to be defective within the warranty period it will be repaired or replaced with no cost to the purchaser
Down
- 1. used when the seller advises a customer that a product is suitable for a particular use and the customer acts on this advice
- 2. allows for the payment of a purchased item over a certain time period without a finance charge
- 5. promise given to a customer that a product will meet certain standards
- 9. may exclude certain parts of the product from coverage or require the customer to bear some of the expenses for repairs