Rights and Responsibilities of Consumer
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15 QuestionsShow answers
  • Question 1
    30 seconds
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    Q.

    This refers to the right to be protected against the marketing of goods or the provision of services that are hazardous to health and life.

    answer choices

    Choose

    Redress

    Information

    Safety

  • Question 2
    30 seconds
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    Q.

    It is one of the pricing components that refers to the total expenses paid for the item/s a seller will make.

    answer choices

    Selling price

    Mark up percentage

    Total cost

    Profit

  • Question 3
    30 seconds
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    Q.

    In entrepreneurship, he/ she is the one who acquires, consumes and benefits the products or services in exchange for money or other consideration under a contract of sale.

    answer choices

    Seller

    Buyer

    Entrepreneur

    Vendor

  • Question 4
    30 seconds
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    Q.

    This refers to the right to complain for misrepresentation, shoddy goods or unsatisfactory services.

    answer choices

    Redress

    Choose

    Safety

    Information

  • Question 5
    45 seconds
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    Q.

    If the total cost of products is 300 pesos and the profit is 57 pesos. What will be the total mark-up price?

    answer choices

    320 pesos

    343 pesos

    357 pesos

    375 pesos

  • Question 6
    30 seconds
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    Q.

    It is the amount a seller will use for selling the products.

    answer choices

    Total Cost

    Profit

    Mark up percentage

    Selling Price

  • Question 7
    30 seconds
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    Q.

    It is right to express consumer interests in the making of government policies.

    answer choices

    Right to Representation/ To be Heard

    Right to Safety

    Right to Information

    Right to a Healthy Environment

  • Question 8
    30 seconds
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    Q.

    It is right to be protected against dishonest or misleading advertising/ promotion of products.

    answer choices

    Right to Information

    Right to Consumer Education

    Right to Redress

    Right to Representation/ be Heard

  • Question 9
    60 seconds
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    Q.

    What are the 3Rs under Right to Redress? Choose 3.

    answer choices

    Repair

    Replace

    Return

    Refund

  • Question 10
    30 seconds
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    Q.

    What is the formula in getting the selling price?

    answer choices

    Total Cost x Mark-up Percentage

    Total Cost + Profit

    Total Mark-up price ÷ Quantity

    Profit ÷ Quantity

  • Question 11
    30 seconds
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    Q.

    This is the money left over after all expenses are paid.

    answer choices

    Profit

    Mark-up Percentage

    Total Cost

    Mark-up Price

  • Question 12
    30 seconds
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    Q.

    Daniella bought 8 notebooks for Php150.00. What is the quantity in the problem?

    answer choices

    Php 150.00

    Php 158.00

    8 notebooks

    notebooks

  • Question 13
    60 seconds
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    Q.

    The total mark up price of cupcakes that Jill earned is Php500. How much is the selling price of each cupcake if the quantity or the total number of products is 50?

    answer choices

    5

    10

    15

    20

  • Question 14
    30 seconds
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    Q.

    Mr. Kimoon wants to sell different styles of cap for this coming summer season. He was able to buy 30 caps from the supplier. He wants to use 65% mark-up. What is the quantity in this problem/ situation?

    answer choices

    Cap

    30 caps

    Summer season

    65%

  • Question 15
    30 seconds
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    Q.

    Mr. Kimoon wants to sell different styles of cap for this coming summer season. He was able to buy 30 caps from the supplier. He wants to use 65% mark-up. What is the mark-up percentage in this problem/ situation?

    answer choices

    Cap

    30 caps

    Summer season

    65%

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