Exam 41: Consumer Protection Double

Homemade Soup Co.has advertised their soup in certain magazines using photographs showing bowls of their soup but with pebbles at the bottom of the bowl.The pebbles were used to displace the soup in the bowl,forcing the vegetables and meat to the surface.This photographer's trick made the soup appear heartier than it was.An FTC staffer is thumbing through the latest edition of her favorite magazine.She notices the Homemade Soup Co.ad and goes to her kitchen,opens a can of Homemade's soup and decides that her bowl of soup looks nothing like the one in the ad.What are the steps the FTC would take to proceed against Homemade Soup Co.?

One difference between a full and a limited warranty is that in a limited warranty,the manufacturer may,if reasonable,limit the warranty of merchantability to two years.

Under the Magnuson-Moss Warranty Act,if a store wishes to market a mini-camera for a retail cost of $5,it must give a written warranty.

In a typical situation in which the FTC discovers a potentially deceptive practice,the FTC:

The Fair Debt Collection Practices Act applies directly to creditors.

The Federal Trade Commission Act allows the FTC to:

The Fair Credit Reporting Act has to do with:

Under the Consumer Credit Protection Act,a consumer has three days to withdraw from any credit obligation secured by a mortgage on his home,even if the contract was not the result of a door-to-door sale.

The Magnuson-Moss Warranty Act applies to all sales of goods covered by the Uniform Commercial Code.

The Consumer Product Safety Commission:

Discrimination based on ____ in the extension of credit is prohibited under the Equal Credit Opportunity Act.

Ronald Beeb,who lives in Cleveland,receives a mailing from Florida from the SwampLand Reclamation Project.It states that the Beebs can purchase one-acre sites as part of a newly planned development of 200 lots located in Leon County,Florida.The Beebs contact the company and are given a purchase agreement but no additional information.They sign the purchase agreement and send it back.Then,a week later they decide they would prefer to winter in either New Zealand or Australia.Can the Beebs get out of the contract?

The Credit Card Fraud Act prohibits which of the following practices?

Lemon laws are generally understood to be laws that:

What reported warranty problems caused Congress to enact the Magnuson-Moss Warranty Act?

The Fair Debt Collection Practices Act requires a debt collector to provide the consumer with a written notice.What information must be contained in this notice?

Which of the following is not true about the Home Mortgage Disclosure Act?

Under the Fair Credit Billing Act,if a consumer makes a complaint about the amount on his charge account bill,the store can:

Most state attorneys general:

The Truth-in-Lending Act establishes maximum amounts of interest that can be charged for credit cards.