Question

a consumer contract is when a customer signs an agreement with a business for them to provide a service to them in exchange for money. examples of some popular consumer contracts are: - cell phone contracts - internet and tv - music and video streaming services - video games/apps when customers sign a consumer contract, they are signing up for a pre - determined length of time. for example, the average consumer contract for a cell phone is a 2 - year contract. when we sign a contract, we are agreeing to pay a pre - determined amount of money for the services we are given. if we use more than the services outlined in our contract, we could be charged extra. these extra charges need to be explained in the consumer contract. it is important to do your research before signing a consumer contract. you should compare offers from other businesses to ensure you are getting good value for your money. once you have signed a contract, you cannot get out of the contract until the agreed upon date. many music and video streaming services are one - month contracts. questions answer the questions below 1. write down 5 specific consumer contracts that you can think of. ex. netflix 2. why is it important to shop around before signing a multi - year consumer contract? task create a cell phone contract below. fill in the details to finalize the contract name of cell phone plan monthly cost amount of data in gb canada - wide calling international calling text, video, and photo messaging number of years of contract free offers ex. free tablet

Explanation:

Question 1

To answer this, we recall the definition of a consumer contract (agreement for service in exchange for money) and think of specific services. Examples can include streaming, phone, internet, gym, and software subscriptions.

A multi - year consumer contract binds you for a long time. Shopping around helps in comparing different offers in terms of cost, services provided, and extra charges. This ensures that you get the best value for your money over the long period of the contract, as once signed, you can't get out until the agreed date.

We need to fill in details for a cell phone plan. We'll choose reasonable values for each field. For example, a typical plan name, monthly cost, data amount, calling details, international calling, messaging, contract length, and free offers.

Answer:

1. Spotify (music streaming service contract)
2. Verizon Cell Phone Plan (cell phone contract)
3. Comcast Internet (internet service contract)
4. Planet Fitness Membership (gym service contract)
5. Microsoft 365 Subscription (software service contract)

Question 2