4-3 Consumer Protection
Quiz
•
Business
•
9th - 12th Grade
•
Hard
Steve Wills
FREE Resource
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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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