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Final Exam Review

Quiz by Laura DePue

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30 questions
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  • Q1
    The law that enables the federal government to remove from the market any food shown to cause cancer
    Right to Health Amendment
    Consumer Product Safety Act
    Strict Liability Rule
    Delaney Amendment
    30s
  • Q2
    A food or drug with false or misleading labeling or packaging is called
    prohibited
    injurious
    misbranded
    adulterated
    30s
  • Q3
    Caveat Venditor means
    Let the buyer beware
    Let the seller beware
    None of them
    Let privity stand
    30s
  • Q4
    You put an item on the front lawn "for sale", you are a casual seller or a
    shipper
    non-shipper
    merchant
    non-merchant
    30s
  • Q5
    A contract by which ownership of goods goes from seller to buyer for a price is called
    bid
    sale
    shipment
    transfer
    30s
  • Q6
    The right of ownership of goods is known as
    risk of loss
    none of them
    title
    bill of lading
    30s
  • Q7
    A business or person who deals regularly in the sale of goods
    Non-Merchant
    Agent
    Merchant
    Owner
    30s
  • Q8
    Manufacturers and sellers are accountable for injuries caused by unsafe or defective items under the principal of
    caveat emptor
    fraudulent misrepresentation
    product liability
    warranty
    30s
  • Q9
    The cooling off rule applies to purchases of at least how much money?
    $100
    $50
    $25
    $10
    30s
  • Q10
    The 1972 law stating that a manufacturer must test the quality before placing product on the market
    Delaney Amendment
    Consumer Product Safety Act
    Food, Drug, & Cosmetic Act
    Liability Test Rule
    30s
  • Q11
    Goods must be shipped within how many days unless there was a specified shipment date for mail-order goods
    3 hours
    30 days
    3 months
    3 days
    30s
  • Q12
    A food or drug containing an ingredient that reduces its standard quality
    Adulterated
    Misbranded
    Impure
    Fraudulent
    30s
  • Q13
    A consumer who wishes to cancel a contract made with a door-to-door salesperson or at a product party given in a home such as Tupperware, must do so within
    3 weeks
    3 days
    24 hours
    2 days
    30s
  • Q14
    A low down payment and smaller monthly payments are advantages this
    financing
    buying
    loaning
    leasing
    30s
  • Q15
    Before buying a car from a private party, ask to see the
    buyers guide
    adhesion contract
    certificate of title (title)
    fuel economy label
    30s

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