Consumer Rights and Responsibilities

Flashcard
•
Business
•
9th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Agency that is responsible for protecting consumers from unfair or deceptive business practices.
Back
Federal Trade Commission
2.
FLASHCARD QUESTION
Front
Agency that protects consumers from dangerous products.
Back
Consumer Product Safety Commission (CPSC)
3.
FLASHCARD QUESTION
Front
Agency that enforces laws that protect the environment.
Back
Environmental Protection Agency (EPA)
4.
FLASHCARD QUESTION
Front
A company's promise that the product will meet specific standards over a given time period.
Back
Warranty
5.
FLASHCARD QUESTION
Front
A situation in which there is only one company that sells a specific product or service.
Back
Monopoly
6.
FLASHCARD QUESTION
Front
To seek and receive a remedy to a problem
Back
Redress
7.
FLASHCARD QUESTION
Front
Pressuring consumers to buy a more expensive product than they intended.
Back
Trading up
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