Across
- 3. when you spend money at the store and you are signed up, you get points that can be eventually used to buy something.
- 4. aka consideration, the t
- 12. where a company offers something but doesn't actually offer it or only in a limited amount
- 14. latin for buyer beware. This used to be the general law, but now we have consumer protection laws.
- 17. an offer to buy something
- 19. in contract law, this is the next phase after the offer, yes or no
- 20. someone you owe money to
- 21. schemes that recruit people and tell them to recruit other people to make money
- 23. order from the court that allows someone you have debt to to take money from your bank account, wages, or someone who owes you money
- 24. you pay in instalments, store gives you item after last payment
- 25. thinking about all of your spending and what you want to spend money on in advance, to prevent you from spending all your money
- 26. what you give up to do something else
Down
- 1. labour, land, capital, entrepreneurship
- 2. a legally binding agreement. Must have offer, acceptance, and consideration
- 5. when you spend money, you are borrowing it from the bank and have to pay interest if you don't pay it back in time
- 6. someone gives another person something of value for another thing of value
- 7. protects consumers and sets out limits for businesses, made by the government
- 8. storing up money for future use
- 9. same as a contract
- 10. someone who owes money
- 11. when a business sends you goods without your consent and demands payment
- 13. schemes that promise huge impossible returns for a low investment
- 15. a piece of plastic that uses your savings to pay
- 16. a promise a business makes to give consumers rewards when they help the business make another sale
- 18. a declaration that you don't have enough money or assets to pay back all the people you owe money to
- 21. a company that holds your credit and debit info and will charge the card to pay your business, often safer than giving a company your card details
- 22. get for things like a refund, just like money but only able to be spent at a certain store
