Across
- 2. essentially loaned money, providing the opportunity for businesses or individuals to obtain products or money in exchange for a promise to pay later
- 7. is a statement that contains exceptions to and exclusions from a warranty.
- 10. is one that is clearly stated, in writing or verbally, to encourage a customer to make a purchase.
- 11. a promise or guarantee given to a customer that a product will meet certain standards.
- 13. one that takes effect automatically by state law whenever a purchase is made.
Down
- 1. used when the seller advises a customer that a product is suitable for a particular use, and the customer acts on that advice.
- 3. a warranty that covers that repair or replacement of any defect in a product.
- 4. the seller's promise that the product sold is fit for its intended purpose
- 5. a written guarantee that may exclude certain parts of the product from coverage that require that customer to bear some of the expense for repairs resulting from defects
- 6. allow account holders to pay for purchases over a specific period of time without incurring a finance charge.
- 8. are charge accounts offered by a retailer that sets the credit limit and payment terms.
- 9. time-payment plans, allow for payment over a period of time.
- 12. enable a customer to charge purchases during a month and pay the balance in full within 30-days after they are billed
