Exam 19: Consumer Protection

The FDA uses a food purity standard that says that an additive should have no more than a one-in-a-million chance of causing cancer.

Nutritional supplements are:

If a consumer's application for credit is denied, the creditor must provide written notice to the consumer containing what information?

If a consumer complains about incorrect information in a credit report, the credit reporting agency must respond within 30 days.

The Used-Car rule issued by the FTC requires used car sellers to give consumers clear warranty information.

The Nutrition Labeling and Education Act applies:

Which of the following is part of the FTC's three part test for deciding whether a particular act or practice is deceptive:

Under the Fair Debt Collection Practices Act, which of the following information does not have to be provided to the debtor in writing by a debt collector within five days of the initial communication?

The Pure Food and Drug Act was passed in:

Which of the following can be sued for by consumers under the TILA:

In Chuway v. National Action Financial Services, where Chuway received a letter from debt collector National that requested payment of the amount she owed on a debt, the appeals court held that the debt collector used:

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. The Nutrition Labeling and Education Act does not require Jayme's to list:

Regulation E was written by the Federal Reserve Board to implement the:

A financial institution (such as a bank) that issues electronic fund-transfer cards must provide consumers:

Under the Electronic Fund Transfer Act, consumers have ____ to report errors in their monthly statements from financial institutions.

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

Most deceptive advertising cases are settled by:

The FTC's Red Flag Rule requires notices to consumers about security breach in their personal credit information.

State attorneys general usually have the authority to attack deceptive business practices.

The Food Quality Protection Act requires that the FDA ensure a ____ from any source that affects foods, raw or processed.