/ Household Finances and Consumers 3 / 5

Tactics Used in Malicious Business Practices

In this lesson, you will learn about the especially important topic of “tactics used in malicious business practices” among household finances and consumers. Rather than memorizing only the term, aim to be able to explain the system and the reasons behind it in your own words.

Key Point
When a salesperson pressures you to hurry, isolates you, or insists that you will make money, do not sign a contract on the spot; seek advice.
Important Points
  • Check not only the conclusion but also the reasons behind it
  • Distinguish it from similar terms and exceptions
  • Try applying the same way of thinking to other examples

Practice

  1. Explain the key point in two sentences.
  2. Give one common misunderstanding and explain what is different about it.
  3. Check it by applying it to a familiar or specific example.

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