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knowledge and understanding

AC9HE7K05

the rights and responsibilities of individuals and businesses in relation to consumer and financial products and services

Elaborations

  • AC9HE7K05_E1distinguishing the difference between rights and responsibilities, and creating a list of the rights and responsibilities of individuals and businesses
  • AC9HE7K05_E2explaining the rights of individuals and businesses in relation to consumer and financial products and services; for example, warranties, cooling-off periods and processes for returning goods
  • AC9HE7K05_E3discussing the responsibilities of businesses in relation to consumer and financial products and services, such as the role of mandatory and voluntary standards, and product safety recalls
  • AC9HE7K05_E4explaining the importance of developing personal or business budgets or savings plans before making decisions in relation to consumer and financial products and services

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AC9HE7K05 – the rights and responsibilities of individuals and businesses in relation to consumer and financial products and services | LessonForge