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13 Cards in this Set
- Front
- Back
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Year and pres. Of consumer bill of rights |
1962;Kennedy |
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7 rights. |
1. Right of safety 2. Right to be informed 3. Right to choose(monopoly) 4. Right to be heard 5. Right to redress 6. Right to consumer Ed. 7. Right to be in healthy environment. |
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Protects consumers from unfair/ deceptive business practices. |
FTC |
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Determines deceptive advertisement |
Cease and desist order |
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Protects consumers from dangerous products |
CPSC |
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Enforces law that protects environment. |
EPA |
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4 types of deception |
1. Sale price 1/2 off 2. Trade up 3. Suggested retail price 4. Loss leader |
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4 types of deception |
1. Sale price 1/2 off 2. Trade up 3. Suggested retail price 4. Loss leader |
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3 types of warranties |
1. Fair 2. Limited 3. Implied |
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Company promises its product will meet certain standards |
Warranty |
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Company promises its product will meet certain standards |
Warranty |
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Scheming illegally |
Fraud |
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Selling product they don't have and selling something better |
Bait and switch |
