Business Law Chapter 45 3 under the truth-in-lending act which of the following types of information

subject Type Homework Help
subject Pages 12
subject Words 778
subject Authors Carrie Williamson, Daniel Herron, Linda Barkacs, Lucien Dhooge, M. Neil Browne, Nancy Kubasek

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page-pf1
46.
(p. 1005)
Which of the following is the agency responsible for enforcing the Federal Food, Drug,
and Cosmetic Act?
page-pf2
47.
(p. 1008)
Which of the following is
false
regarding the Consumer Product Safety Act?
page-pf3
48.
(p. 1008)
Which of the following conducts investigations into the safety of motor vehicles?
page-pf4
49.
(p. 988)
Which of the following is a term for Katie's defense involving generalities and clear
exaggerations allowable by law?
page-pf5
50.
(p. 992)
Which of the following is the term for the order issued by the Federal Trade Commission
ordering that Katie stop advertising and selling the pills?
page-pf6
51.
(p. 987)
Who would have presided over the hearing involving the administrative complaint filed
against Katie by the Federal Trade Commission?
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52.
(p. 988)
If a cease-and-desist order issued by the Federal Trade Commission and upheld by the
courts is violated, which of the following is the fine that the Federal Trade Commission may
impose?
page-pf8
53.
(p. 991)
What kind of objectionable advertising, if any, was Barry engaged in when he offered
convertibles for sale for $10,000 but only had three and then tried to convince customers to
purchase a much more expensive vehicle?
page-pf9
54.
(p. 1000)
What type of loan was Kathy seeking from ABC Bank?
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55.
(p. 1000)
Under the Truth-in-Lending Act which of the following types of information should Kathy
have received from ABC Bank?
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56.
(p. 992)
Which of the following terms references the cease-and-desist order entered by the
Federal Trade Commission involving not only Barry's sales of Wind, but also his sales of all other
vehicles?
page-pfc
57.
(p. 996)
Which of the following is true regarding Fred's door-to-door solicitation and his practice
of informing customers that there is no backing out of contracts entered into for funeral
services?
page-pfd
58.
(p. 993)
Which of the following is true regarding Fred's practice of telling potential customers on
the telephone costs in small increments without revealing the total price?
page-pfe
59.
(p. 998)
Which of the following is true regarding Fred's tactic of offering one flat price for funeral
services with no itemization?
page-pff
60.
(p. 998)
Which of the following is true regarding Fred's practice of requiring a complete package
purchase from him if the consumer desires any funeral services?
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61.
(p. 987)
Set forth the rights of appeal a company has if issued a cease-and-desist order by the
Federal Trade Commission.
62.
(p. 988)
How can the Federal Trade Commission protect consumers if most companies within one
industry are using the same unfair or deceptive practices?
page-pf11
63.
(p. 988)
Mona markets a bell that she claims will automatically quiet a crying baby. Mona
advertises on television that the bell has a certain tone that babies love and shows a baby
suddenly stop crying when the bell is rung. She charges $50 for each bell for which she incurs $1
in manufacturing charges. The bell was very popular for a few months, but she has started to get
complaints; and the Federal Trade Commission has investigated her advertisement regarding the
bell. Mona claims that her advertisement is not deceptive. The Federal Trade Commission,
however, claims that her advertisement satisfies the three elements necessary for a deceptive
claim. What are those three elements?
64.
(p. 993)
What is required by the Telemarketing Sales Rule of 1995?
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65.
(p. 997)
What is required by federal law in regard to mail-order sales by the 1975 Mail-Order rule
as amended by the Mail or Telephone Order Merchandise rule of 1993?

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