Question 1

Which of the following federal agencies is authorized to adopt and enforce the Family Smoking Prevention and Tobacco Control Act?

Accepted Answer

A) the Consumer Product Safety Commission 
B) the Federal Trade Commission 
C) the Food and Drug Administration 
D) the Agency for Healthcare Research and Quality 
A) the Consumer Product Safety Commission 
B) the Federal Trade Commission 
C) the Food and Drug Administration 
D) the Agency for Healthcare Research and Quality

Question 2

The Biosafety Protocol label is used to identify certain food products that have been genetically modified.

Accepted Answer

A) True 
 B)False

Question 3

Eye shadow and other facial makeup products are examples of cosmetics that are beyond the scope of FDA regulation.

Accepted Answer

A) True 
 B)False

Question 4

The Drug Amendment to the FDCA gives the FDA broad powers to license new drugs in the United States.

Accepted Answer

A) True 
 B)False

Question 5

Federal and state government statutes that regulate the safety of food,drugs,cosmetics,toys,vehicles,and other products are collectively referred to as consumer protection laws.

Accepted Answer

A) True 
 B)False

Question 6

The new line of sunscreen products marketed by Radiance has allegedly been developed after using large-scale animal testing procedures.Insiders revealed that the high levels of lead present in the products have proven to be fatal for many of the animals used in the laboratories.Radiance is likely to be inspected for suspected criminal violations of the ________.

Accepted Answer

A) Food, Drug, and Cosmetic Act 
B) Consumer Product Safety Act 
C) Health Care Reform Act 
D) Federal Trade Commission Act 
A) Food, Drug, and Cosmetic Act 
B) Consumer Product Safety Act 
C) Health Care Reform Act 
D) Federal Trade Commission Act

Question 7

Which of the following is true of the Do-Not-Call Registry for consumers?

Accepted Answer

A) The registration is valid for the lifetime of the customer who opted for it. 
B) Telemarketers have three days to remove the customer's name upon registry. 
C) Charitable and political organizations are exempted from the registry. 
D) Customers cannot choose the companies that they do not wish to receive calls from. 
A) The registration is valid for the lifetime of the customer who opted for it. 
B) Telemarketers have three days to remove the customer's name upon registry. 
C) Charitable and political organizations are exempted from the registry. 
D) Customers cannot choose the companies that they do not wish to receive calls from.

Question 8

Which of the following is true of the Nutrition Labeling and Education Act?

Accepted Answer

A) The NLEA is a state law, and its implementation is not federally regulated. 
B) The NLEA applies to packaged foods and other foods regulated by the Food and Drug Administration. 
C) The NLEA mandates compulsory labeling for all kinds of raw and processed food without any exceptions. 
D) The NLEA specifically eliminates the practice of providing point-of-purchase nutrition information by sellers. 
A) The NLEA is a state law, and its implementation is not federally regulated. 
B) The NLEA applies to packaged foods and other foods regulated by the Food and Drug Administration. 
C) The NLEA mandates compulsory labeling for all kinds of raw and processed food without any exceptions. 
D) The NLEA specifically eliminates the practice of providing point-of-purchase nutrition information by sellers.

Question 9

Which of the following is true of seeking injunctions on consumer products under the CPSC?

Accepted Answer

A) The CPSC can only seek an injunction once a private party has lodged a complaint with it. 
B) Only the CPSC can sue for an injunction when CPSC rules are violated. 
C) A private party can sue for an injunction to prevent violations of the act or of CPSC rules and regulations. 
D) Injunctions cannot be pursued on products that have not yet been sold or marketed. 
A) The CPSC can only seek an injunction once a private party has lodged a complaint with it. 
B) Only the CPSC can sue for an injunction when CPSC rules are violated. 
C) A private party can sue for an injunction to prevent violations of the act or of CPSC rules and regulations. 
D) Injunctions cannot be pursued on products that have not yet been sold or marketed.

Question 10

Which of the following is a new protection provided by the Health Care Reform Act for people seeking health coverage?

Accepted Answer

A) imposition upon the insurers to provide a lifetime limit on health benefits to all legal citizens 
B) continuation of medical insurance for people who have developed a terminal disease 
C) prevention of insurance companies from providing health care insurance to individuals with preexisting health conditions 
D) provision of mandatory medical insurance for health coverage for illegal immigrants 
A) imposition upon the insurers to provide a lifetime limit on health benefits to all legal citizens 
B) continuation of medical insurance for people who have developed a terminal disease 
C) prevention of insurance companies from providing health care insurance to individuals with preexisting health conditions 
D) provision of mandatory medical insurance for health coverage for illegal immigrants

Question 11

The ________ prohibits health insurance companies from terminating health insurance coverage when a person gets sick.

Accepted Answer

A) Health Care Reform Act 
B) Drug Amendment of the FDCA Act 
C) Medical Device Amendment Act 
D) Food, Drug, and Cosmetic Act 
A) Health Care Reform Act 
B) Drug Amendment of the FDCA Act 
C) Medical Device Amendment Act 
D) Food, Drug, and Cosmetic Act

Question 12

Firearms represent an example of consumer products which do not come under the CPSC rules.

Accepted Answer

A) True 
 B)False

Question 13

The FDA cannot recall any cosmetics that contain unsubstantiated claims of preserving youth or increasing virility from the market.

Accepted Answer

A) True 
 B)False

Question 14

FDA approval is not mandatory for medical devices to be legally sold in the United States.

Accepted Answer

A) True 
 B)False

Question 15

Biosafety Protocol is a United Nations-sponsored protocol that requires signatory countries to place the label ________ on all genetically engineered foods.

Accepted Answer

A) "Warning-unnatural food particles" 
B) "May contain living modified organisms" 
C) "FDA tested and approved food" 
D) "WHO tested and approved food" 
A) "Warning-unnatural food particles" 
B) "May contain living modified organisms" 
C) "FDA tested and approved food" 
D) "WHO tested and approved food"

Question 16

The ________ is a federal law that gives the FDA broad powers to license new drugs in the United States.

Accepted Answer

A) Drug Amendment of the FDCA 
B) Food Labeling and Education Act 
C) Health Care Reform Act 
D) Patient Protection and Affordable Health Care Act 
A) Drug Amendment of the FDCA 
B) Food Labeling and Education Act 
C) Health Care Reform Act 
D) Patient Protection and Affordable Health Care Act

Question 17

The FDA labels ordinary household soap as a cosmetic product.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is true of the Federal Trade Commission (FTC)?

Accepted Answer

A) The FTC can only sue in state courts. 
B) The FTC's decision can be appealed in a state court. 
C) The FTC can sue to obtain compensation on behalf of the consumer. 
D) The FTC is not allowed to directly disclose its findings to the public. 
A) The FTC can only sue in state courts. 
B) The FTC's decision can be appealed in a state court. 
C) The FTC can sue to obtain compensation on behalf of the consumer. 
D) The FTC is not allowed to directly disclose its findings to the public.

Question 19

The Health Care Reform Act prevents insurance companies from denying health care insurance to individuals with preexisting health conditions.

Accepted Answer

A) True 
 B)False

Question 20

The Food and Drug Administration is empowered to ________.

Accepted Answer

A) recall unsafe toys, appliances, and other consumer products which are harmful to users 
B) regulate the safety of meat, poultry, and other food products 
C) prosecute violators directly by imposing fines and pronouncing sentences 
D) obtain orders for the seizure, recall, and condemnation of harmful products 
A) recall unsafe toys, appliances, and other consumer products which are harmful to users 
B) regulate the safety of meat, poultry, and other food products 
C) prosecute violators directly by imposing fines and pronouncing sentences 
D) obtain orders for the seizure, recall, and condemnation of harmful products

Exam 44: Consumer Protection and Product Safety

Which of the following federal agencies is authorized to adopt and enforce the Family Smoking Prevention and Tobacco Control Act?

The Biosafety Protocol label is used to identify certain food products that have been genetically modified.

Eye shadow and other facial makeup products are examples of cosmetics that are beyond the scope of FDA regulation.

The Drug Amendment to the FDCA gives the FDA broad powers to license new drugs in the United States.

Federal and state government statutes that regulate the safety of food,drugs,cosmetics,toys,vehicles,and other products are collectively referred to as consumer protection laws.

Which of the following is true of the Do-Not-Call Registry for consumers?

Which of the following is true of the Nutrition Labeling and Education Act?

Which of the following is true of seeking injunctions on consumer products under the CPSC?

Which of the following is a new protection provided by the Health Care Reform Act for people seeking health coverage?

The ________ prohibits health insurance companies from terminating health insurance coverage when a person gets sick.

Firearms represent an example of consumer products which do not come under the CPSC rules.

The FDA cannot recall any cosmetics that contain unsubstantiated claims of preserving youth or increasing virility from the market.

FDA approval is not mandatory for medical devices to be legally sold in the United States.

Biosafety Protocol is a United Nations-sponsored protocol that requires signatory countries to place the label ________ on all genetically engineered foods.

The ________ is a federal law that gives the FDA broad powers to license new drugs in the United States.

The FDA labels ordinary household soap as a cosmetic product.

Which of the following is true of the Federal Trade Commission (FTC)?

The Health Care Reform Act prevents insurance companies from denying health care insurance to individuals with preexisting health conditions.

The Food and Drug Administration is empowered to ________.

Legal Environment of Business and Online Commerce

Courts and Jurisdiction

Judicial, alternative, and Online Dispute Resolution

Constitutional Law for Business and E-Commerce

Intentional Torts and Negligence

Product and Strict Liability

Intellectual Property and Cyber Piracy

Criminal Law and Cyber Crime

Nature of Traditional and E-Contracts

Agreement

Consideration and Promissory Estoppel

Capacity and Legality

Genuineness of Assent and Undue Influence

Statute of Frauds and Equitable Exceptions

Third-Party Rights and Discharge

Remedies for Breach of Traditional and E-Contracts

Digital Law and E-Commerce

Formation of Sales and Lease Contracts

Title to Goods and Risk of Loss

Remedies for Breach of Sales and Lease Contracts

Warranties

Creation of Negotiable Instruments

Holder in Due Course and Transferability

Liability, defenses, and Discharge

Banking System and Electronic Financial Transactions

Credit, mortgages, and Debtors Rights

Secured Transactions

Bankruptcy and Reorganization

Agency Formation and Termination

Liability of Principals, agents, and Independent Contractors

Employment, worker Protection, and Immigration Law

Labor Law

Equal Opportunity in Employment

Small Business, entrepreneurship, and General Partnerships

Limited Partnerships and Special Partnerships

Corporate Formation and Financing

Corporate Governance and the Sarbanes-Oxley Act

Corporate Acquisitions and Multinational Corporations

Limited Liability Companies and Limited Liability Partnerships

Franchises and Special Forms of Businesses

Investor Protection, e-Securities, and Wall Street Reform

Ethics and Social Responsibility of Business

Administrative Law and Regulatory Agencies

Environmental Protection

Antitrust Law and Unfair Trade Practices

Personal Property, real Property, and Insurance

Real Property

Landlord-Tenant Law and Land Use Regulation

Insurance

Accountants Duties and Liability

Wills, trusts, and Estates

Family Law

International and World Trade Law

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