Question 1

Under the FTA,the existence of deceptive advertisements is enough alone to prove damages for recovery when individual civil suits are filed for deceptive practices.

Accepted Answer

A) True 
 B)False

Question 2

________ laws are state consumer protection laws prohibiting used-car fraud.

Accepted Answer

A)  Orange
B)  Lime
C)  Onion
D)  Prune
E)  Lemon

Question 3

If your credit card is stolen and unauthorized purchases are made on your account,you are liable for all losses if it is proved you were careless in losing the credit card.

Accepted Answer

A) True 
 B)False

Question 4

What rights of appeal does a company have if issued a cease-and-desist order by the Federal Trade Commission?

Accepted Answer

The company may appeal the decision to t...

Question 5

What does the Nutrition Labeling and Education Act of 1990 require?

Accepted Answer

A)  The use of labels identifying good products
B)  The use of labels on food products
C)  The use of labels on food products that specify a serving size
D)  The use of labels on food products that contain information on calories and fat
E)  The use of labels identifying the quantity of a food product

Question 6

What are the three elements of a deceptive claim?

Accepted Answer

A)  1) A material misrepresentation,omission,or practice 2) that is likely to mislead 3) a reasonable consumer
B)  1) Generalities or exaggerations 2) related to a material fact 3) that is likely to mislead a consumer,regardless of reasonableness
C)  1) A material representation or fact 2) that does not include a reasonable basis of a claim in an advertisement 3) that may or may not mislead a reasonable consumer
D)  1) A material misrepresentation,omission,or practice 2) that involves generalities or exaggerations 3) that may or may not mislead a reasonable consumer
E)  1) A material misrepresentation or fact 2) that contains generalities or exaggerations 3) that is likely to mislead a reasonable consumer

Question 7

The purpose of the Truth in Lending Act is to require sellers disclose loan and/or credit terms to consumers.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not expressly prohibited by the Fair Debt Collection Practices Act?

Accepted Answer

A)  Contacting the debtor before 8 a.m.
B)  Using obscene language toward a customer.
C)  Contacting the debtor after 8 p.m.
D)  Misrepresenting the collection agency as a lawyer or a police officer.
E)  Contacting a debtor who has notified the collection agency that he or she wants no contact with the agency.

Question 9

The order issued by the Federal Trade Commission dictating that Julia stop advertising and selling the pills is known as which of the following?

Accepted Answer

A)  A stop gap order
B)  An approved order
C)  A cease-and-desist order
D)  An agency acknowledged order
E)  An agency requirements order

Question 10

A consent order is the first step in an FTC action after complaints are received.

Accepted Answer

A) True 
 B)False

Exam 45: Consumer Law

A consent order is the first step in an FTC action after complaints are received.

Correct Answer
verified

Which of the following is not expressly prohibited by the Fair Debt Collection Practices Act?

Correct Answer
verified

What are the three elements of a deceptive claim?

Correct Answer
verified

________ laws are state consumer protection laws prohibiting used-car fraud.

Correct Answer
verified

If your credit card is stolen and unauthorized purchases are made on your account,you are liable for all losses if it is proved you were careless in losing the credit card.

Correct Answer
verified

The purpose of the Truth in Lending Act is to require sellers disclose loan and/or credit terms to consumers.

Correct Answer
verified

The order issued by the Federal Trade Commission dictating that Julia stop advertising and selling the pills is known as which of the following?

Correct Answer
verified

What does the Nutrition Labeling and Education Act of 1990 require?

Correct Answer
verified

Under the FTA,the existence of deceptive advertisements is enough alone to prove damages for recovery when individual civil suits are filed for deceptive practices.

Correct Answer
verified

What rights of appeal does a company have if issued a cease-and-desist order by the Federal Trade Commission?

Correct Answer
verified
The company may appeal the decision to t...
View Answer

Exam 45: Consumer Law

A consent order is the first step in an FTC action after complaints are received.

Correct AnswerverifiedShow Answer

Which of the following is not expressly prohibited by the Fair Debt Collection Practices Act?

Correct AnswerverifiedShow Answer

What are the three elements of a deceptive claim?

Correct AnswerverifiedShow Answer

________ laws are state consumer protection laws prohibiting used-car fraud.

Correct AnswerverifiedShow Answer

If your credit card is stolen and unauthorized purchases are made on your account,you are liable for all losses if it is proved you were careless in losing the credit card.

Correct AnswerverifiedShow Answer

The purpose of the Truth in Lending Act is to require sellers disclose loan and/or credit terms to consumers.

Correct AnswerverifiedShow Answer

The order issued by the Federal Trade Commission dictating that Julia stop advertising and selling the pills is known as which of the following?

Correct AnswerverifiedShow Answer

What does the Nutrition Labeling and Education Act of 1990 require?

Correct AnswerverifiedShow Answer

Under the FTA,the existence of deceptive advertisements is enough alone to prove damages for recovery when individual civil suits are filed for deceptive practices.

Correct AnswerverifiedShow Answer

What rights of appeal does a company have if issued a cease-and-desist order by the Federal Trade Commission?

Correct AnswerverifiedThe company may appeal the decision to t...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The company may appeal the decision to t...
View Answer