4-3 Consumer Protection

4-3 Consumer Protection

9th - 12th Grade

10 Qs

quiz-placeholder

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4-3 Consumer Protection

4-3 Consumer Protection

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Steve Wills

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Latin term 'caveat emptor' mean?

Seller beware of buyer

Buyer beware of seller

Let the seller beware

Let the buyer beware

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which act prohibits monopolistic business practices?

Children’s Online Privacy Protection Act

Sherman Antitrust Act

Lanham Act

Truth in Lending Act

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of the Truth in Lending Act (TILA)?

To regulate online privacy for children

To protect trademarks

To monitor product safety

To ensure transparency in lending practices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which right ensures consumers can compare and select different products?

Right to Choose

Right to Redress

Right to Safety

Right to be Informed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Consumer Product Safety Act (CPSA) monitor?

Safety of consumer products

Fair competition in the market

Lending practices

Trademark registration

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which act created the U.S. trademark registration system?

Lanham Act

Federal Trade Commission Act

Sherman Antitrust Act

Truth in Lending Act

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a monopoly?

A deceptive business practice

A type of consumer right

An agreement among competitors to fix prices

A market where one company controls the supply of a good or service

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