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Ind. Study: Ch. 15 Bus. & Mktg.

Quiz by Geraldine Beckett

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24 questions
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  • Q1
    Small claims courts prohibit the use of lawyers and witnesses.
    True
    False
    30s
  • Q2
    A good source for recommendations of products is the Better Business Bureau.
    False
    True
    30s
  • Q3
    Products sold at factory outlets sometimes contain minor flaws.
    True
    False
    30s
  • Q4
    Private label brands are sold only to members of private shopping clubs.
    False
    True
    30s
  • Q5
    The unit price for a 10-ounce box of cereal that costs $2.39 is
    .24
    .22
    .20
    .21
    30s
  • Q6
    A clearance sale is used to sell goods that a store no longer wishes to carry.
    False
    True
    30s
  • Q7
    Which agency would be most concerned with a power plant releasing unsafe emissions into the air:
    FTC
    FDA
    USDA
    EPA
    30s
  • Q8
    AHAM develops performance standards for appliances, such as stoves.
    False
    True
    30s
  • Q9
    When a business controls the market for a product, it has a:
    Demand Market
    Monopoly
    Corporation
    Franchise
    30s
  • Q10
    Which govt agency would be most concerned with a company using unfair business practices to eliminate competition.
    FTC
    CPSC
    USA Trade Office
    EPA
    30s
  • Q11
    Which govt agency would be most concerned with a lesser-quality of beef that is advertised as "prime":
    USDA
    FDA
    EPA
    US Beef Commission
    30s
  • Q12
    Which govt agency would be most concerned with an infant seat with a handle that does not latch properly:
    FTC
    EPA
    Consumers Advocate
    CPSC
    30s
  • Q13
    Which govt agency would be most concerned with a skin care product that causes a serious rash:
    US Office of Skin Products
    CPSC
    FTC
    FDA
    30s
  • Q14
    Buying too quickly, often at or near the checkout counter:
    forced buying
    impulse buying
    stressed buying
    emotional buying
    30s
  • Q15
    A promise of a quality of performance made orally or in writing:
    Quality Warranty
    Performance Warranty
    Implied Warranty
    Express Warranty
    30s

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