Question 1

Which of the following is true regarding environmental standards in the European Union?

Accepted Answer

A)  America is increasingly replacing the European Union as the leader in environmental development. 
B)  European Union policy requires significant producer accountability, placing the burden of environmental responsibility on the manufacturer. 
C)  American firms are not required to conform to European Union product rules in order to sell their products in Europe. 
D)  The European Union applies the prevention principle by which uncertainty is a reason to forego environmental protections. 
A)  America is increasingly replacing the European Union as the leader in environmental development. 
B)  European Union policy requires significant producer accountability, placing the burden of environmental responsibility on the manufacturer. 
C)  American firms are not required to conform to European Union product rules in order to sell their products in Europe. 
D)  The European Union applies the prevention principle by which uncertainty is a reason to forego environmental protections.

Question 2

The ________ has primary responsibility for regulating the labeling of food

Accepted Answer

A)  Federal Trade Commission 
B)  Food and Drug Administration 
C)  The Consumer Product Safety Commission 
D)  The Federal Trade Commission 
A)  Federal Trade Commission 
B)  Food and Drug Administration 
C)  The Consumer Product Safety Commission 
D)  The Federal Trade Commission

Question 3

Before implementing a mandatory safety standard,the Consumer Product Safety Commission must find that ________ are inadequate.

Accepted Answer

A)  voluntary standards 
B)  safety guidelines 
C)  product designs 
D)  warnings 
A)  voluntary standards 
B)  safety guidelines 
C)  product designs 
D)  warnings

Question 4

Fact Pattern 17-1
Cream X has been approved by the Food and Drug Administration for the treatment of eczema. Dr. Glover discovers, however, that it is also great for a number of other things including the removal of wrinkles and cellulite. The cream is applied to the skin, not ingested. He starts prescribing it for those purposes and has a great increase in patients. Dr. Smith starts to lose a number of patients to Dr. Glover and becomes grumpy when she hears why Dr. Glover is gaining in popularity. Dr. Smith decides to complain about the practice but does not know quite what to do about it.
-Refer to fact pattern 17-1. Which of the following is true regarding the legality of Dr.Glover prescribing Cream X for the elimination of wrinkles and cellulite?

Accepted Answer

A)  It is legal, and the Food and Drug Administration would take no action against him. 
B)  It is legal only because the cream is not ingested. 
C)  It is legal only because Dr. Glover is using it for cosmetic reasons. 
D)  It is illegal. 
A)  It is legal, and the Food and Drug Administration would take no action against him. 
B)  It is legal only because the cream is not ingested. 
C)  It is legal only because Dr. Glover is using it for cosmetic reasons. 
D)  It is illegal.

Question 5

Which of the following was the result at the U.S.Supreme Court Level in Monsanto Co.v.Geertson Seed Farms,the case in the text challenging a district courts issuance of an injunction prohibiting the deregulation and use of Roundup Ready Alfalfa (RRA),an alfalfa plant genetically engineered to be tolerant of the active ingredient in Roundup?

Accepted Answer

A)  That the plaintiffs lacked standing to sue and that the case was subject to dismissal on that 	ground alone. 
B)  That the district court properly issued a permanent injunction prohibiting the deregulation of RRA in whole or in part. 
C)  That the plaintiffs had standing but that the district court improperly issued an injunction prohibiting any deregulation whatsoever of RRA. 
D)  That the plaintiffs lacked standing and that the district court properly issued a permanent injunction prohibiting the deregulation of RRA in whole or in part. 
A)  That the plaintiffs lacked standing to sue and that the case was subject to dismissal on that 	ground alone. 
B)  That the district court properly issued a permanent injunction prohibiting the deregulation of RRA in whole or in part. 
C)  That the plaintiffs had standing but that the district court improperly issued an injunction prohibiting any deregulation whatsoever of RRA. 
D)  That the plaintiffs lacked standing and that the district court properly issued a permanent injunction prohibiting the deregulation of RRA in whole or in part.

Question 6

Which of the following is true regarding the use of genetically modified foods internationally?

Accepted Answer

A)  The European Parliament refused to approve legislation requiring the labeling of genetically modified foods. 
B)  Australia requires the labeling of genetically modified food, but New Zealand does not. 
C)  New Zealand requires the labeling of genetically modified food, but Australia does not. 
D)  The European Parliament required the labeling of genetically modified foods, and Australia and New Zealand also require the labeling of genetically modified foods. 
A)  The European Parliament refused to approve legislation requiring the labeling of genetically modified foods. 
B)  Australia requires the labeling of genetically modified food, but New Zealand does not. 
C)  New Zealand requires the labeling of genetically modified food, but Australia does not. 
D)  The European Parliament required the labeling of genetically modified foods, and Australia and New Zealand also require the labeling of genetically modified foods.

Question 7

Set forth the definitions used for determining whether an item is a food or a drug for purposes of FDA categorization.

Accepted Answer

Drugs include (1)articles intended for u

Question 8

Which of the following categories of drugs cannot be approved by the Food and Drug Administration?

Accepted Answer

A)  Schedule 1 
B)  Schedule C 
C)  Schedule 2 
D)  Schedule 
A)  Schedule 1 
B)  Schedule C 
C)  Schedule 2 
D)  Schedule

Question 9

Which of the following are protected categories under the Equal Credit Opportunity Act?

Accepted Answer

A)  gender, race, color, religion, and national origin 
B)  gender, race, color, religion, national origin, and age 
C)  gender, marital status, race, color, religion, national origin, and age 
D)  gender, marital status, race, color, religion, national origin, age, and residents of disadvantaged neighborhoods. 
A)  gender, race, color, religion, and national origin 
B)  gender, race, color, religion, national origin, and age 
C)  gender, marital status, race, color, religion, national origin, and age 
D)  gender, marital status, race, color, religion, national origin, age, and residents of disadvantaged neighborhoods.

Question 10

Bobby develops a way to clone catfish. He finds that this is a very economical way to run his fish business. He begins selling the catfish to grocers in the area. Other fish producers,who do not know how to clone the fish,are very annoyed with Bobby and start to complain. They tell Bobby that he is violating federal law by not placing a label on his fish notifying consumes that the fish are cloned. Is Bobby in violation of the law?

Accepted Answer

A)  Bobby is not in violation of federal law, but he should check to see if his state has such a requirement because labeling legislation has been introduce in some states. 
B)  Bobby is not in violation of federal law nor have any states made any effort to require notification of cloned products. 
C)  Bobby is in violation of federal law by not notifying consumers through labeling of the cloning. 
D)  Bobby is in violation of federal law by not notifying consumers through labeling of the cloning only if there is evidence that the nutritional value of the fish is less than that of noncloned fish. 
A)  Bobby is not in violation of federal law, but he should check to see if his state has such a requirement because labeling legislation has been introduce in some states. 
B)  Bobby is not in violation of federal law nor have any states made any effort to require notification of cloned products. 
C)  Bobby is in violation of federal law by not notifying consumers through labeling of the cloning. 
D)  Bobby is in violation of federal law by not notifying consumers through labeling of the cloning only if there is evidence that the nutritional value of the fish is less than that of noncloned fish.

Question 11

The Federal Trade Commission has ________commissioners who serve for _______-year terms.

Accepted Answer

A)  seven, four 
B)  ten, five 
C)  six, six 
D)  five, seven 
A)  seven, four 
B)  ten, five 
C)  six, six 
D)  five, seven

Question 12

Executive branch regulatory agencies are located in cabinet departments.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following was the result on appeal in Lavie v.Procter & Gamble Co.,the case in the text involving the plaintiff who claimed that by advertising that Aleve was gentler on the stomach than aspirin,the defendant implied that Aleve would not cause any stomach upset?

Accepted Answer

A)  The court upheld dismissal of the complaint recognizing that even if an advertisement targets a disadvantaged or vulnerable group, it is judged by the effect it would have on a reasonable consumer. 
B)  The court upheld dismissal of the complaint recognizing that unless an advertisement targets a disadvantaged or vulnerable group, it is judged by the effect it would have on a reasonable consumer. 
C)  The court ruled that the plaintiff was entitled to a jury trial because the advertisement was not based on what the lease sophisticated consumer would think as it should have been. 
D)  The court ruled that the plaintiff was entitled to a jury trial because, regardless of the standard involved, the defendant should have stated that the drug could cause stomach upset. 
A)  The court upheld dismissal of the complaint recognizing that even if an advertisement targets a disadvantaged or vulnerable group, it is judged by the effect it would have on a reasonable consumer. 
B)  The court upheld dismissal of the complaint recognizing that unless an advertisement targets a disadvantaged or vulnerable group, it is judged by the effect it would have on a reasonable consumer. 
C)  The court ruled that the plaintiff was entitled to a jury trial because the advertisement was not based on what the lease sophisticated consumer would think as it should have been. 
D)  The court ruled that the plaintiff was entitled to a jury trial because, regardless of the standard involved, the defendant should have stated that the drug could cause stomach upset.

Question 14

Which of the following is true regarding the use of irradiated foods in the U.S.?

Accepted Answer

A)  Irradiated foods are outlawed. 
B)  Irradiation is allowed only for fruits and vegetables, and no notice is required. 
C)  Irradiation is allowed for fresh and frozen red meat, and no notice is required. 
D)  Irradiation is allowed for fresh and frozen red meat, but notice must be required. 
A)  Irradiated foods are outlawed. 
B)  Irradiation is allowed only for fruits and vegetables, and no notice is required. 
C)  Irradiation is allowed for fresh and frozen red meat, and no notice is required. 
D)  Irradiation is allowed for fresh and frozen red meat, but notice must be required.

Question 15

Courts usually consider advertisements to be only an offer to deal.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is true regarding the 2011 Food Safety Modernization Act?

Accepted Answer

A)  It developed an electronic tracking system to follow food from the farm to the dinner table. 
B)  It is one of several major overhauls of the FDA in the last several years. 
C)  It recognizes that importers are not required to verify food safety in regard to food from other countries. 
D)  It is one of several major overhauls of the FDA in the last several years, and it recognizes that importers are not required to verify food safety in regard to food from other countries. 
A)  It developed an electronic tracking system to follow food from the farm to the dinner table. 
B)  It is one of several major overhauls of the FDA in the last several years. 
C)  It recognizes that importers are not required to verify food safety in regard to food from other countries. 
D)  It is one of several major overhauls of the FDA in the last several years, and it recognizes that importers are not required to verify food safety in regard to food from other countries.

Question 17

The Wool Products Labeling Act is an example of a federal law regulating the labeling of clothing.

Accepted Answer

A) True 
 B)False

Question 18

Caveat venditor means,

Accepted Answer

A)  "let the buyer beware." 
B)  "le the buyer prevail." 
C)  "let the market decide." 
D)  "let the seller beware." 
A)  "let the buyer beware." 
B)  "le the buyer prevail." 
C)  "let the market decide." 
D)  "let the seller beware."

Question 19

Fact Pattern 17-1
Cream X has been approved by the Food and Drug Administration for the treatment of eczema. Dr. Glover discovers, however, that it is also great for a number of other things including the removal of wrinkles and cellulite. The cream is applied to the skin, not ingested. He starts prescribing it for those purposes and has a great increase in patients. Dr. Smith starts to lose a number of patients to Dr. Glover and becomes grumpy when she hears why Dr. Glover is gaining in popularity. Dr. Smith decides to complain about the practice but does not know quite what to do about it.
-Refer to fact pattern 17-1. Which of the following is the appropriate term for Dr.Glover's prescribing of Cream X for the elimination of wrinkles and cellulite?

Accepted Answer

A)  Compounding use 
B)  Non-acknowledged use 
C)  Derivative use 
D)  Off-label use 
A)  Compounding use 
B)  Non-acknowledged use 
C)  Derivative use 
D)  Off-label use

Question 20

Set forth the four main provisions of the CAN-SPAM Act.

Accepted Answer

The four main provisions of the CAN-SPAM

Which of the following is true regarding environmental standards in the European Union?

The ________ has primary responsibility for regulating the labeling of food

Before implementing a mandatory safety standard,the Consumer Product Safety Commission must find that ________ are inadequate.

Which of the following is true regarding the use of genetically modified foods internationally?

Set forth the definitions used for determining whether an item is a food or a drug for purposes of FDA categorization.

Which of the following categories of drugs cannot be approved by the Food and Drug Administration?

Which of the following are protected categories under the Equal Credit Opportunity Act?

The Federal Trade Commission has __commissioners who serve for _-year terms.

Executive branch regulatory agencies are located in cabinet departments.

Which of the following was the result on appeal in Lavie v.Procter & Gamble Co.,the case in the text involving the plaintiff who claimed that by advertising that Aleve was gentler on the stomach than aspirin,the defendant implied that Aleve would not cause any stomach upset?

Which of the following is true regarding the use of irradiated foods in the U.S.?

Courts usually consider advertisements to be only an offer to deal.

Which of the following is true regarding the 2011 Food Safety Modernization Act?

The Wool Products Labeling Act is an example of a federal law regulating the labeling of clothing.

Caveat venditor means,

Set forth the four main provisions of the CAN-SPAM Act.

law, value creation, and risk management

Ethics ant the law

Courts, sources of law, and dispute resolution

Constitutional bases for business regulation

Agency

Administrative Law

Contracts

sales,licensing,and e-commerce

Torts and Privacy protection

product liability

Intellectual property

The employment agreement

civil rights and employment discrimination

Criminal law

Environmental law

Antitrust

real property and land use

Forms of business organizations

Directors, Officers, and Controlling Shareholders

Public and Private Offerings of Securities

Securities Fraud and insider trading

Debtor-Creditor Relations and Bankruptcy

International Business

Filters

Exam 17: Consumer Protection

Which of the following is true regarding environmental standards in the European Union?

The ________ has primary responsibility for regulating the labeling of food

Before implementing a mandatory safety standard,the Consumer Product Safety Commission must find that ________ are inadequate.

Which of the following is true regarding the use of genetically modified foods internationally?

Set forth the definitions used for determining whether an item is a food or a drug for purposes of FDA categorization.

Which of the following categories of drugs cannot be approved by the Food and Drug Administration?

Which of the following are protected categories under the Equal Credit Opportunity Act?

The Federal Trade Commission has ________commissioners who serve for _______-year terms.

Executive branch regulatory agencies are located in cabinet departments.

Which of the following was the result on appeal in Lavie v.Procter & Gamble Co.,the case in the text involving the plaintiff who claimed that by advertising that Aleve was gentler on the stomach than aspirin,the defendant implied that Aleve would not cause any stomach upset?

Which of the following is true regarding the use of irradiated foods in the U.S.?

Courts usually consider advertisements to be only an offer to deal.

Which of the following is true regarding the 2011 Food Safety Modernization Act?

The Wool Products Labeling Act is an example of a federal law regulating the labeling of clothing.

Caveat venditor means,

Set forth the four main provisions of the CAN-SPAM Act.

law, value creation, and risk management

Ethics ant the law

Courts, sources of law, and dispute resolution

Constitutional bases for business regulation

Agency

Administrative Law

Contracts

sales,licensing,and e-commerce

Torts and Privacy protection

product liability

Intellectual property

The employment agreement

civil rights and employment discrimination

Criminal law

Environmental law

Antitrust

real property and land use

Forms of business organizations

Directors, Officers, and Controlling Shareholders

Public and Private Offerings of Securities

Securities Fraud and insider trading

Debtor-Creditor Relations and Bankruptcy

International Business

Filters

The Federal Trade Commission has __commissioners who serve for _-year terms.