Bus 309 Wk 6 Quiz 5 Chapter 6 - All Possible Questions

BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions

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BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions

1. In 2009 the FDA was empowered to regulate
1. Alcohol
2. Candy
3. Pornography
4. Cigarettes

1. Every year, consumer products electrocute approximately
1. 100 people a year
2. 200 people a year
3. 400 people a year
4. 600 people a year

1. The court case that established consumers’ rights to sue the manufacturer of products was
1. Roe v. Wade
2. Griggs v. Palmer
3. MacPherson v. Buick Motor Car
4. Brown v. Board

1. In 1972 Congress passed the
1. Consumer Produce Recall Act
2. Consumer Product Safety Act
3. Consumer Recall Liability Act
4. Consumer Product Liability Act

1. Had air bags been standard equipment in 1974, how many deaths might have been prevented?
1. 70,000
2. 80,000
3. 90,000
4. 100,000

1. When did a government agency begin testing candy for its potential to choke children?
1. 1987
2. 1997
3. 2000
4. 2003

1. Iacocca used to say “Safety doesn’t…”
1. Hurt
2. Sell
3. Corrupt
4. Produce
2. Cigarette fires are responsible for how many serious injuries a year?
1. 2000
2. 4000
3. 6000
4. 7000

1. The claim that a product is fit for its ordinary use is
1. An implied warranty
2. An explicit warranty
3. A condition of sale
4. A consumer risk

1. When manufacturers and retailers agree to set prices, this is
1. Horizontal price fixing
2. Vertical price fixing
3. Backwards price fixing
4. Lowered price fixing

1. Until was it illegal for a manufacturer and a retailer to fix prices?
1. 1876
2. 1965
3. 1987
4. 2007

1. A seller’s exploitation of a short-term situation in which buyers have few purchase options for a much-needed product is called
1. Price gouging
2. Racketeering
3. c.       Prix fixe
4. Worker exploitation

1. The question of what a...