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Protect Yourself from Online Shopping Fraud

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Protect Yourself from Online Shopping Fraud

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Questions and Answers

What is one reason why online shopping is popular?

Online shopping is popular due to technology advancements.

What are some risks associated with online shopping?

Online shopping is more prone to fraudulent activities such as identity theft, misrepresentation of real online merchants through fake websites or false ads, and click bait that can deceive buyers into purchasing low-quality products.

What is one way scammers deceive buyers during online shopping?

Scammers misrepresent real online merchants through fake websites or false ads.

How do scammers take advantage of internet anonymity to defraud consumers?

Scammers take advantage of internet anonymity to defraud consumers by misrepresenting real online merchants through fake websites or false ads, using click bait to deceive buyers, and stealing personal information for identity theft. Signup and view all the answers

How can a contract of sale help avoid online shopping fraud?

A contract of sale can help avoid online shopping fraud by making the terms and conditions agreed upon legally binding. Signup and view all the answers

What is a contract of sale and how can it help avoid online shopping fraud?

A contract of sale is a legal contract used in purchasing assets, and the terms and conditions agreed upon are legally binding. It can help avoid online shopping fraud by ensuring that both the buyer and seller agree to the terms and conditions of the sale and can hold each other accountable. Signup and view all the answers

Study Notes

Online shopping is popular due to technology advancements
Online shopping is more prone to fraudulent activities
Buyers trust known sellers but disregard risks
Online shopping fraud includes identity theft
Scammers misrepresent real online merchants through fake websites or false ads
Click bait can deceive buyers into purchasing low-quality products
Scammers take advantage of internet anonymity to defraud consumers
A contract of sale can help avoid these events
It is a legal contract used in purchasing assets
Terms and conditions agreed upon are legally binding

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Description

Are you an online shopper? Do you know the risks involved in online shopping? Take this quiz to test your knowledge on online shopping fraud and how to avoid it. From identity theft to click bait, learn about the different tactics scammers use to deceive consumers. Discover how a contract of sale can protect you when making online purchases. Don't fall victim to online shopping fraud, take this quiz now!