BUS 100 Lesson 9 Reading Quiz

Rules in the United States that prohibit competitors from secretly dividing up the market amongst themselves are called:

Antitrust Laws

The primary goal(s) of the Food and Drug Administration include:

Ensuring the safety and effectiveness of a wide range of consumer products Reviewing and approving new products before they are released to consumers.

Which of the following describes why the consumer movement exists?

Some product advertising claims have been inflated. Some businesses have violated the public's privacy.

Which of the following is (are) core rights of consumers?

The Right to Safety

Consumers have become more dependent on businesses for product quality because:

The complexity of products makes choices complicated for consumers.

A prime social responsibility of business is to safeguard consumers:

While continuing to supply them with goods and services they want.

This U.S. agency enforces the laws prohibiting deceptive advertising:

Federal Trade Commission

Which of the following is not a goal of consumer protection laws?

Facilitate consumers getting extended credit when making purchases.

Warning consumers about the possible side effects of pharmaceutical drugs is an example of consumer protection against:

Hazardous Products

The "right to be heard" promises that consumers' interests will:

receive full and sympathetic consideration