JSS1 - Business Studies: 2nd Term - Evaluation Questions | Weeks 8 & 9

1. Question

Which of these best defines a consumer?

One who acquires goods and services for direct use rather than for resale
One who buys and sells products
One who consumes goods
One who distributes goods
One who sales wholesale

2. Question

Which of the following best defines a market?

It is a medium that allows buyers and sellers to interact
It is a physical location where people buy goods
It is a geographical location that people buy and sell goods
It is a place for buying and selling goods
It is a house for buying goods

3. Question

Which of these is not a reason why we need consumer education?

To make wise decisions
To know their rights
To become an informed individual
To become an irresponsible buyer
To protect them from low quality products

4. Question

Which of these is not important to consumers education?

Opening the consumer's eyes
To have value for money
To know their rights
Not to have skill and knowledge
To awaken the government to its civic responsibility

5. Question

The end-users of a product are the:

Consumers
Retailers
Wholesalers
Manufactures
Customers

6. Question

The means by which buyers and sellers are brought in contact with one another is ____________

Church
Market
Office
Communication

7. Question

___________ is a regular buyer of a product or service who has established a sustainable relationship with the seller or producer of a product

Customer
Consumer
Retailer
Producer
Wholesaler

8. Question

The following are laws or instrument that have been put in place by government to protect consumers right except

Economic and Financial Crimes Commission
Food and Drugs Act
Weight and Measures Act
Price Control Act
Consumer Association

9. Question

_______ is a group of people living together in organized communities with laws and traditions, controlling the way they relate and behave towards one another

Town
City
Community
Society
Church

10. Question

The following are the needs for consumer education except

To create a healthy and cordial relationship
To enable consumers to be aware of products or services that are standard and fit for consumption
To enable the consumers know their rights and obligations
To encourage the consumers to fight with sellers at all times
To protect them from low quality products

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