Chapter 15
adulterated
a food or drug that contains any substance that may make it harmful to the health of the consumer; also, a product that contains any substance mixed or packed with it to reduce its quality of strength below the prescribed minimum standards
bait and switch
advertising bargains that do not exist to lure customers to a store so that they will buy more expensive merchandise
Unfair and deceptive practices
an act that misleads consumers
caveat emptor
latin phrase meaning let the buyer beware
caveat venditor
latin phrase meaning let the seller beware
cease and desist orders
legally binding orders to stop a practice that would mislead the public
strict liability
manufacturers or suppliers are held responsible for selling goods that are unreasonably dangerous
product liability
manufacturers, sellers, and suppliers of goods can be held responsible if a product proves to be unsafe and someone is injured.
telemarketers
people who try to sell products by telephone
cooling-off rule
provision that gives customer's three business days to cancel contracts for most purchases made away from the sellers regular place of business
intrastate sales
sales that can take place within a state
consumer
someone who buys or leases goods, real estate, or services for personal, family, or household purposes.