Exam 34: Protecting the Consumer and the Taxpayer

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Liability for lost, delayed or damaged baggage is determined by

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C

Consumers' rights may be enforced by

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D

Price fixing is legal if it results in lower prices for consumers.

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False

The purpose of the Fair Packaging and Labeling Act is to provide information about

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Exaggerating the quality of merchandise is called

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Under the lemon laws in most states, if a car cannot be repaired after a certain number of attempts or after a certain period of time, the owner is entitled to

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The owners of several stores in a shopping center agreed on certain hours during which they would remain open. Is this an unfair trade practice? Why or why not?

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A judgment in a class action suit is binding only upon the person bringing the suit.

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An item sold at or below cost in order to attract customers is called

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A consumer who receives unordered goods

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If a store runs out of sale items, consumers must be given rain checks.

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Ross Pharmaceuticals manufactured a cold remedy that could be addictive. The product label did not carry any warnings about its use. Has Ross violated the law?

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The Consumer Product Safety Commission does not have the power to force a toy manufacturer to place a warning label on its products.

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A(n) ____________________ is one who purchases goods and services for personal use.

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Lemon laws cover

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A group claiming a violation of consumer protection laws may seek redress by bringing a(n)

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The treaty that established airlines' liability for injuries on international flights is the ____________________.

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Price fixing, loss leaders, and price misrepresentation are illegal because they eliminate ____________________.

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The Baldwins purchased a new piano. A few months later they discovered defects in the piano and sought to cancel the contract because it was not written in plain English. May they cancel the contract?

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A seller who violates consumer protection laws may be subject to

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