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

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<div><div><div>BUS 309 WK 6 Quiz 5 Chapter 6 - All Possible Questions <ol> <li>In 2009 the FDA was empowered to regulate<ol> <li>Alcohol</li> <li>Candy</li> <li>Pornography</li> <li>Cigarettes</li></ol></li></ol> <ol> <li>Every year, consumer products electrocute approximately<ol> <li>100 people a year</li> <li>200 people a year</li> <li>400 people a year</li> <li>600 people a year</li></ol></li></ol> <ol> <li>The court case that established consumers’ rights to sue the manufacturer of products was<ol> <li>Roe v. Wade</li> <li>Griggs v. Palmer</li> <li>MacPherson v. Buick Motor Car</li> <li>Brown v. Board</li></ol></li></ol> <ol> <li>In 1972 Congress passed the<ol> <li>Consumer Produce Recall Act</li> <li>Consumer Product Safety Act</li> <li>Consumer Recall Liability Act</li> <li>Consumer Product Liability Act</li></ol></li></ol> <ol> <li>Had air bags been standard equipment in 1974, how many deaths might have been prevented?<ol> <li>70,000</li> <li>80,000</li> <li>90,000</li> <li>100,000</li></ol></li></ol> <ol> <li>When did a government agency begin testing candy for its potential to choke children?<ol> <li>1987</li> <li>1997</li> <li>2000</li> <li>2003</li></ol></li></ol> <ol> <li>Iacocca used to say “Safety doesn’t…”<ol> <li>Hurt</li> <li>Sell</li> <li>Corrupt</li> <li>Produce</li></ol></li> <li>Cigarette fires are responsible for how many serious injuries a year?<ol> <li>2000</li> <li>4000</li> <li>6000</li> <li>7000</li></ol></li></ol> <ol> <li>The claim that a product is fit for its ordinary use is<ol> <li>An implied warranty</li> <li>An explicit warranty</li> <li>A condition of sale</li> <li>A consumer risk</li></ol></li></ol> <ol> <li>When manufacturers and retailers agree to set prices, this is<ol> <li>Horizontal price fixing</li> <li>Vertical price fixing</li> <li>Backwards price fixing</li> <li>Lowered price fixing</li></ol></li></ol> <ol> <li>Until was it illegal for a manufacturer and a retailer to fix prices?<ol> <li>1876</li> <li>1965</li> <li>1987</li> <li>2007</li></ol></li></ol> <ol> <li>A seller’s exploitation of a short-term situation in which buyers have few purchase options for a much-needed product is called<ol> <li>Price gouging</li> <li>Racketeering</li> <li><em>c. </em><em>Prix fixe</em></li> <li>Worker exploitation</li></ol></li></ol> <ol> <li>The question of what a fair price is<ol> <li>Is easy to answer</li> <li>Probably lacks a precise answer</li> <li>Is a confused question</li> <li>Best left to economists</li></ol></li></ol> <ol> <li>When a “economy size” product is sold at a higher price than their smaller counterparts they are being subject to<ol> <li>Extra taxes</li> <li>A quantity surcharge</li> <li>Fraud</li> <li>Limited cost savings</li></ol></li></ol> <ol> <li>L’Occitane labels its products in<ol> <li>Sign language</li> <li>Braille</li> <li>French</li> <li>English</li></ol></li></ol> <ol> <li>Ads that can be understood in two or more ways are<ol> <li>Ambiguous</li> <li>Illegal</li> <li>Immoral</li> <li>Concealing</li></ol></li></ol> <ol> <li>Words used to evade direct statements are<ol> <li>Ferret words</li> <li>Hedgehog words</li> <li>Weasel words</li> <li>Mandrake words</li></ol></li></ol> <ol> <li>In advertising, a claim that is unsupported by evidence is<ol> <li>An opinion</li> <li>An exaggeration</li> <li>A false promise</li> <li>A weasel claim</li></ol></li></ol> <ol> <li>A persuasive effort aimed primarily at emotion is a<ol> <li>Weasel appeal</li> <li>Psychological appeal</li> <li>Exaggerated appeal</li> <li>Puffed-up appeal</li></ol></li></ol> <ol> <li>Advertising that communicates at a level beneath conscious awareness is<ol> <li>Deceptive</li> <li>Weasel worded</li> <li>Illegal</li> <li>Subliminal</li></ol></li></ol> <ol> <li>The Federal Trade Commission was created in<ol> <li>1876</li> <li>1890</li> <li>1914</li> <li>1954</li></ol></li></ol> <ol> <li>The Federal Trade Commission was created as<ol> <li>An antitrust weapon</li> <li>An investment watchdog</li> <li>A consumer advice bureau</li> <li>A body for overseeing interstate commerce</li></ol></li></ol> <ol> <li>The decision in FTC v. Standard Education led the FTC to apply which standard liberally?<ol> <li>The ignorant person standard</li> <li>The informed consumer standard</li> <li>The reasonable person standard</li> <li>The ignorant retailer standard</li></ol></li></ol> <ol> <li>Every year children under twelve spend<ol> <li>$20 billion</li> <li>$40 billion</li> <li>$60 billion</li> <li>$80 billion</li></ol></li></ol>   1. Every year teenagers spend $172 billion. 2. Exposure to television ads is associated with childhood obesity. 3. Food companies spend $16 billion a year marketing to children. 4. Kenneth Galbraith rejected the economists’ faith in consumer sovereignty. 5. Kenneth Arrow invented the dependence effect. 6. Advertising subsidizes the media. 7. Consumers cannot sue manufacturers of defective products. 8. Every year lawn mowers send 78,000 consumers to emergency rooms. 9. The doctrine of strict product liability holds that the manufacturer of a product must compensate its users for injuries suffered because of its defective condition. 10. Manufacturers can defend against charges of strict product liability by showing that they were not negligent in the manufacturing process. 11. The number of automobile recalls per year has doubled since 1993. 12. In 2008 California effectively outlawed retail sales of raw milk.  More Questions are Included</div></div></div>
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