Exam 34: Protecting the Consumer and the Taxpayer
Exam 1: Foundations of Law and the Role of Ethics in Business50 Questions
Exam 2: The Legal System in the United States and Its Constitutional Foundation50 Questions
Exam 3: Personal, Business, and Cyber Crimes and the American Criminal Justice System49 Questions
Exam 4: Tort Law: Traditional Torts and Cyber Torts50 Questions
Exam 5: Litigation and Alternatives for Settling Civil Disputes50 Questions
Exam 6: Contract Law: a Beginning49 Questions
Exam 7: Agreement: Offer and Acceptance50 Questions
Exam 8: Consideration50 Questions
Exam 9: Capacity50 Questions
Exam 10: Legality50 Questions
Exam 11: Memorialize Contracts in Writingstatute of Frauds50 Questions
Exam 12: Transfer of Contract Rights and Duties50 Questions
Exam 13: The Termination of Contracts: Discharge50 Questions
Exam 14: The Termination of Contracts: Breach of Contract50 Questions
Exam 15: Formation of Sales and Lease Contracts50 Questions
Exam 16: The Sales Contract: Transfer of Title and Risk of Loss49 Questions
Exam 17: The Sales Contract: Performance, Breach, and Remedies for Breach50 Questions
Exam 18: Product Liability Law50 Questions
Exam 19: Nature and Types of Negotiable Instruments50 Questions
Exam 20: Issue, Transfer, Indorsement, and Discharge of Negotiable Instruments50 Questions
Exam 21: Rights and Duties of Parties50 Questions
Exam 22: Checks and the Banking System in the Twenty-First Century50 Questions
Exam 23: Employer-Employee Relationship50 Questions
Exam 24: Principal-Agent Relationship50 Questions
Exam 25: Principal-Agent, Employer-Employee, and Third-Party Relationships50 Questions
Exam 26: Sole Proprietorships, Partnerships, and Limited Liability Organizations50 Questions
Exam 27: Corporations and Franchising50 Questions
Exam 28: Government Regulation of Business50 Questions
Exam 29: Basic Legal Concepts of Property50 Questions
Exam 30: Renting Real Property50 Questions
Exam 31: Buying and Selling Real Property50 Questions
Exam 32: Nature and Types of Bailments50 Questions
Exam 33: Wills, Intestacy, and Estate Planning50 Questions
Exam 34: Protecting the Consumer and the Taxpayer50 Questions
Exam 35: Protecting the Borrower48 Questions
Exam 36: Protecting the Creditor50 Questions
Exam 37: Property, Casualty and Automobile Insurance50 Questions
Exam 38: Personal Insurance50 Questions
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Liability for lost, delayed or damaged baggage is determined by
Free
(Multiple Choice)
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Correct Answer:
C
Price fixing is legal if it results in lower prices for consumers.
Free
(True/False)
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Correct Answer:
False
The purpose of the Fair Packaging and Labeling Act is to provide information about
(Multiple Choice)
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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
(Multiple Choice)
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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?
(Essay)
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A judgment in a class action suit is binding only upon the person bringing the suit.
(True/False)
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An item sold at or below cost in order to attract customers is called
(Multiple Choice)
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If a store runs out of sale items, consumers must be given rain checks.
(True/False)
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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?
(Essay)
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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.
(True/False)
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A(n) ____________________ is one who purchases goods and services for personal use.
(Short Answer)
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A group claiming a violation of consumer protection laws may seek redress by bringing a(n)
(Multiple Choice)
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The treaty that established airlines' liability for injuries on international flights is the ____________________.
(Short Answer)
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Price fixing, loss leaders, and price misrepresentation are illegal because they eliminate ____________________.
(Short Answer)
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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?
(Essay)
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A seller who violates consumer protection laws may be subject to
(Multiple Choice)
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