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Consumer Protection Laws Quiz

Authored by Sergio Silva

Business

9th Grade

10 Questions

Used 4+ times

Consumer Protection Laws Quiz
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following laws gives consumer three days to cancel contracts made with door-to-door salespersons?

The Truth in Lending Act

The Consumer Protection Act

Federal Trade Commission Regulation

The Sales Act

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the Fair Credit Billing Act, how many days does the customer have to notify the creditor about a billing mistake?

30 days

90 days

60 days

120 days

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT considered to be a billing error?

Charge not incurred

Charge for goods damaged by the consumer

Charge billed with the wrong description

Charge for goods never delivered

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the most common cause of product liability claims?

Manufacturing defect

Warning defect

Labeling defect

Design defect

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a patient experiences side effects from a certain medication which were not disclosed by the pharmaceutical company, which of the following types of product liability claim can be applied?

Warning and/or labeling defect

Manufacture defect

Product defect

Design defect

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an intangible service?

An apple

A computer

A carpet clean session

A book

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There is a time lag between production and consumption of tangible goods. Which of the following describes such a characteristic?

Storability

Tangibility

Homogeneity

Separability

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