Exam 17: Consumer Protection.
Exam 1: Law, Value Creation, and Risk Management.64 Questions
Exam 2: Ethics and the Law.67 Questions
Exam 3: Sources of Law, Courts, and Dispute Resolution.65 Questions
Exam 4: Constitutional Bases for Business Regulation.67 Questions
Exam 5: Agency.67 Questions
Exam 6: Administrative Law.63 Questions
Exam 7: Contracts.66 Questions
Exam 8: Sales, Licensing, and E-Commerce.64 Questions
Exam 9: Torts and Privacy Protection.64 Questions
Exam 10: Product Liability.65 Questions
Exam 11: Intellectual Property.69 Questions
Exam 12: The Employment Agreement.65 Questions
Exam 13: Civil Rights and Employment Discrimination.64 Questions
Exam 14: Criminal Law.67 Questions
Exam 15: Environmental Law and Sustainability.66 Questions
Exam 16: Antitrust.69 Questions
Exam 17: Consumer Protection.66 Questions
Exam 18: Real Property and Land Use.66 Questions
Exam 19: Forms of Business Organizations.69 Questions
Exam 21: Public and Private Offerings of Securities.67 Questions
Exam 22: Securities Fraud and Insider Trading.68 Questions
Exam 23: Debtor-Creditor Relations and Bankruptcy.69 Questions
Exam 24: International Law and Transactions.69 Questions
Select questions type
In theMonsanto Co.v.Geertson Seed Farms case discussed in the text,plaintiff-farmers sought a court order declaring that Monsanto was negligent in manufacturingRoundup Ready Alfalfa (RRA),an alfalfa plant genetically engineered to be tolerant of the active ingredient in Roundup.On appeal,how did the court rule?
Free
(Multiple Choice)
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Correct Answer:
C
Executive branch regulatory agencies are located in cabinet departments.
Free
(True/False)
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Correct Answer:
True
__________ is the legal procedure by which a creditor may collect a debt by attaching a portion of a debtor's weekly wages.
Free
(Multiple Choice)
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Correct Answer:
B
In 2014,the FDA proposed a rule that would extend its authority to e-cigarettes.
(True/False)
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The Federal Trade Commission has _____ commissioners who serve for _____-year terms.
(Multiple Choice)
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Fact Pattern 17-1
Cream X has been approved by the Food and Drug Administration for the treatment of eczema. Dr. Glover discovers, however, that it is also great for a number of other things including the removal of wrinkles and cellulite. The cream is applied to the skin, not ingested. He starts prescribing it for those purposes and has a great increase in patients. Dr. Smith starts to lose a number of patients to Dr. Glover and becomes grumpy when she hears why Dr. Glover is gaining in popularity. Dr. Smith decides to complain about the practice but does not know quite what to do about it.
-Refer to Fact Pattern 17-1.Which of the following is the appropriate term for Dr.Glover's prescribing of Cream X for the elimination of wrinkles and cellulite?
(Multiple Choice)
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The Federal Commerce Commission has adopted guidelines specifying when manufacturers and marketers can label their products "Made in USA."
(True/False)
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In a __________,the seller offers the buyer a commission,rebate,or discount for furnishing the seller with a list of additional prospective customers.
(Multiple Choice)
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Which of the following categories of drugs cannot be approved by the Food and Drug Administration?
(Multiple Choice)
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The labeling of medical devices is under the jurisdiction of the Food and Drug Administration.
(True/False)
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Which of the following is true regarding FDA approval of drug labels in relation to state law claims for failure to warn?
(Multiple Choice)
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In CASE 17.2 Stokely-Van Camp,Inc.v.Coca-Cola Co.(2009),the court analyzed whether a(n)__________ for a sports drink marketed by Coca-Cola constituted a(n)__________ in violation of the __________.
(Multiple Choice)
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If a used car is sold without a warranty,the label must state that the car is being sold "as is."
(True/False)
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The first step in the FDA approval process for new drugs is their classification by the __________ based on currently accepted medical use and potential for abuse.
(Multiple Choice)
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The Fair Credit Reporting Act does not give consumers a right to have corrected copies of their credit reports sent to creditors.
(True/False)
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The Food and Drug Administration shares with the __________ the responsibility for regulating pesticide residues on food.
(Multiple Choice)
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In general,consumer protection law at the state level is more stringent than federal law.
(True/False)
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The __________ controls the disclosure of credit terms so that the consumer will be able to compare more readily the various credit terms available and avoid the uninformed use of credit.
(Multiple Choice)
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The Equal Credit Opportunity Act originally intended to prevent discrimination against __________ in the advancement of credit.
(Multiple Choice)
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State laws regulating genetically modified food are typically declared unconstitutional on the basis that they are preempted by federal law.
(True/False)
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