Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CONSULAR INVOICE

An invoice that is stamped by the importing country to help manage imports.

CONSULTANT

A professional that has expertise requested for a fee. They work as an advisor but is not responsible for the outcome. Some changes have been made based on the information presented.

CONSULTATIVE SELLING

Selling where a salesperson is a consultant. They help the buyer find their need and suggest products to them.

CONSULTING

Providing expert knowledge to another party for a fee.This is done when a company needs another opinion on an issue.

CONSUMABLES

A good that is used, becomes part of another good, or cannot be used without using it all up.

CONSUMER

1. the buyer of a good or service. 2. a user that is not using the product but reselling it. Refer to customer.

CONSUMER AND BUSINESS LENDING INITIATIVE

A government program that lets the Treasury department fund $1 trillion in loans for investors. It is used as collateral and backed by credit cards, car, or loan. It is used to

CONSUMER BUYING BEHAVIOR

How a party searches for and uses a good or service. It is done to fulfill a need. Refer to consumer decision making.

CONSUMER LOAN

The money borrowed to a party for their own purposes. The government monitors these loans to protect the consumer and their regulations. AKA comsumer credit or consumer lending.

CONSUMER PROTECTION LAWS

A rule in place to keep the customer’s rights safe, increase the product availability, and prevent deception.

CONSUMERISM

1. efforts of parties to protect the consumer from contracts that would take away their rights in business. 2. the idea that using more goods is a sign of a strong economy.

CONSUMER’S RISK

The loss that occurs when a batch is made and is rejected. Reer to producers risk.

CONTAGION

Spreading thoughts or actions in a group. It is common in rumors or suggestions made.

CONTAGIOUS

A disease that is infectious. It can be by indirect or direct contact. Not all are contagious and require a special transmission method.

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