CHAPTER 10

Question 1

11 points Save Which of the following are protective legislation spawned from the consumer movement? The Trust-in-Lending Act The Child Protection and Toy Safety Act The Consumer Product Safety Act All of these

Question 2

11 points Save Traditionally, producers are understood to have several rights. Which of the following are examples of those rights? To be protected from harmful products To be provided with adequate information about products To set the price for products All of these

Question 3

11 points Save In an effort to balance the rights of producers with a list of buyers' rights, the consumer movement advocated which of the following rights? To be offered a choice among products that they actually want. To determine how products will be made available. To make decisions regarding the products offered for sale. All of these.

Question 4

11 points Save Two pieces of legislation that regulate packaging and labeling attempt to provide a fair balance between the consumers' need to know and the ability of manufactureers to sell are... The Fair Packaging and Labeling Act of 1966 The Nutrition Labeling and Education Act of 1990 Both A and B Neither A nor B

Question 5

11 points Save Many unethical marketing practices are also illegal as a result of antitrust statutes. Which of the following is an example of a piece of antitrust legislation? The Truth-in-Lending Act

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The Child Protection and Toy Safety Act The Consumer Product Safety Act The Federal Trade Commission Act Question 6 Advertising is much criticized. Which of the following are common criticisms of advertising? Advertising makes exaggerated claims. Advertising is irritatingly repetitious. Advertising promotes objectionable products. All of these. Question 7 Some economists criticize advertising because of its... Exaggerated claims Stifling effect on competition Objectionable products None of these Question 8 11 points Save Which of the following sorts of influence are morally objectionable because they attempt to persuade people in ways that deny them the opportunity to engage in critical evaluation? Subliminal communication Product placement Rational and Nonrational persuasion A and B Question 9 Which of the following are theories of produce liability? Due Care Theory Negligence Theory Bargaining Theory Utilitarian Theory Question 10 Which of the following are theories of product liability? 11 points Save 11 points Save 11 points Save 11 points Save

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Strict Liability Fairness Theory Contractual Theory Consumer Theory