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CONSUMER PROTECTION LAWS ARE NOT INTENDED TO PROTECT CONSUMERS FROM

CONSUMER PROTECTION LAWS ARE NOT INTENDED TO PROTECT CONSUMERS FROM

Question 1

While a business owes a duty to customers, it does not owe one to consumers.
True

False

1.00000 points

Question 2

You have a legal obligation to anyone who uses your product, not just immediate customers.
True

False

1.00000 points

Question 3

If the sales person says “This car is a chick magnet,” and if fails to attract any females, the sales person have violated an express warranty.
True

False

1.00000 points

Question 4

The FTC is an agency created for the protection of consumers.
True

False

1.00000 points

Question 5

Telling a customer that “This pill is so good it will cure cancer” is an example of puffery.
True

False

1.00000 points

Question 6

The Consumer Product Safety Commission is intended to protect consumers from products that create unreasonable risks of injury and death.
True

False

1.00000 points

Question 7

The Truth in Lending Act applies to business entities.
True

False

1.00000 points

Question 8

The Equal Credit Opportunity Act requires credit to be extended to all creditworthy applicants, except for:
A.
Muslims
B.
Ages 65 and over
C.
Criminal record
D.
Divorcees
1.00000 points

Question 9

All people who have been the victim of misrepresentation have the right to sue.
True

False

1.00000 points

Question 10

Consumer protection laws are not intended to protect consumers from:
A.
Invasions of privacy
B.
Being unjustly enriched
C.
Unconscionable contracts
D.
Predatory lending
1.00000 points

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