Consumer Protection
Flashcard
•
Business
•
11th - 12th Grade
•
Practice Problem
•
Hard
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18 questions
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1.
FLASHCARD QUESTION
Front
The legal protections and agencies we've been studying are for people who are buying products for themselves and their families.
Back
True
2.
FLASHCARD QUESTION
Front
The BBB stands for which?
Back
The Better Business Bureau
3.
FLASHCARD QUESTION
Front
If Mrs. Jones runs a game-of-chance for money and she does not follow the rules, you can sue her in small claims court if you lose < $1,000?
Back
False
4.
FLASHCARD QUESTION
Front
If you modify a product or use it in some way that isn't foreseeable, you will not win a strict liability lawsuit.
Back
True
5.
FLASHCARD QUESTION
Front
The philosophy of caveat emptor is more lenient on vendors.
Back
True
6.
FLASHCARD QUESTION
Front
Caveat Venditor is the philosophy of "Let the Buyer Beware".
Back
False
7.
FLASHCARD QUESTION
Front
Our government started to move toward protecting consumers because of why? Options: the sheer variety and abundance of goods, the complexity of goods & intense advertising claims, the size of companies and lack of customer service, All of the above
Back
All of the above
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