Exam 19: Consumer Protection

Credit discrimination on the basis of race, sex, color, religion, national origin, marital status, receipt of public benefits, the good-faith exercise of the applicant's rights under any part of the CCPA, or age is prohibited by:

Fact Pattern 19-2 Jayme's Best produced a new line of pasta sauce (Herbal Health), intending for it to have extra nutritional benefits. Using the freshest ingredients, Jayme's added special herbs to the tomato paste and spices, as the herbs are believed by some Tibetan monks to have the power to prevent cancer. Jayme's marketed the sauce in grocery stores and health food stores. Jayme's advertisements said that Herbal Health may help prevent cancer and taste a lot better than the competition. Based on these facts, answer the following questions. -Refer to Fact Pattern 19-2. If Jayme's ads contend that it is a healthy product and the competitor products are not healthy, and indeed could make you sick, the competitors may:

The Food Quality Protection Act states that food should have a "reasonable certainty of no harm."

To address the issues of consumers being unable to get creditors to correct inaccurate or unauthorized charges that appeared on their bills and credit cards being sent to people who did not request them the FTC passed the:

Common vitamins-niacin and riboflavin-do not have to be listed on nutrition labels.

When a consumer is rejected for credit, the Equal Credit Opportunity Act requires the creditor to give the consumer a list of at least three other creditors.

The Fair Credit Reporting Act:

The Electronic Fund Transfer Act:

The FTC test for unfairness does not include which of the following elements, as applied to business practice?

According to FDA standards, food that is labeled as "low fat" must:

Under the Fair Debt Collection Practices Act, which of the following information must be provided to the debtor in writing by a debt collector within 5 days of the initial contact:

Dietary supplements, unlike drugs, are not regulated.

The Electronic Fund Transfer Act is implemented by:

The Food and Drug Administration was created in:

Fair credit reporting refers to the requirement that creditors:

Which of the following is NOT an example of deceptive advertising targeted by the FTC:

The primary purpose of the Truth-in-Lending Act is to disclose to consumers the reason(s) why they are denied credit when applied for in credit transactions.

The FTC's advertising substantiation program requires media ads to be registered with the FTC for review before being used to prevent deception.

Private parties may initiate civil actions for false advertising claims under:

The Food, Drug and Cosmetics Act was passed in: