Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1
Question 1
Various options are provided as possible answers to the following questions. Choose the answer and write the letter (A to D) next to the question numbers (1.1.1 to ... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1
Step 1
1.1.1 The control period in which you are allowed to cancel a contract on an item bought by means of direct marketing is ... working days.
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Answer
The control period for canceling a contract purchased via direct marketing is often set at five working days, allowing consumers sufficient time to reconsider their decisions.
Step 2
1.1.2 An example of nonrenewable energy:
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An example of nonrenewable energy is Coal. Coal is a fossil fuel that is formed from the remains of ancient plants and is limited in supply.
Step 3
1.1.3 Jacob started a club where each member contributes R1 000 per month to a central pot and they get money on a rotating basis. This is a ...
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This is a savings club. Such clubs are often used as a form of savings and support among members.
Step 4
1.1.4 The invoice, the last date on which the product should be delivered is ...
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The last date on the invoice refers to the credit terms agreed upon between the buyer and seller.
Step 5
1.1.5 Gelatine is used as a ... in a cheesecake cake.
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Gelatine is used as a stabilizer in cheesecake recipes, helping to maintain the structure and consistency of the dessert.
Step 6
1.1.6 In an organic farming ...
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In organic farming, compost must be used to enrich the soil and promote healthy plant growth without synthetic chemicals.
Step 7
1.1.7 The reason a farmer would select a ... package.
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A farmer might select a paper package for its biodegradable properties, promoting eco-friendly practices in agriculture.
Step 8
1.1.8 will help to ensure that a business always has sufficient funds to pay.
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A cash flow projection is crucial as it helps businesses forecast the inflow and outflow of cash, ensuring they can meet their financial obligations.
Step 9
1.1.9 The graph above represents a ... curve.
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The graph represents a fashion cycle curve, illustrating the trends in fashion over time.
Step 10
1.1.10 The graph on page 4 represents the possible life span of the following:
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The graph likely represents the life span of various clothing items such as a white shirt, black shirt, orange balloon skirt, and blue skirt.
Step 11
1.1.11 A building contract is signed by the ...
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A building contract is usually recognized by the agreement between the buyer and seller.
Step 12
1.1.12 One requirement to qualify for a government subsidy:
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One requirement for qualifying for a government subsidy often includes having an income below a specific threshold.
Step 13
1.1.13 When applying for a loan by means of ... the item stays in the ...
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When applying for a loan by means of a legal title transaction, the item usually remains in the ownership of the lender until paid off.
Step 14
1.1.14 The document that proves the ownership of a property:
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The title deed is the document that serves as proof of ownership of a property.
Step 15
1.1.15 An eco-conscious consumer will select a ... package.
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An eco-conscious consumer will select a paper package to minimize environmental impact and promote sustainability.
