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LifeSmarts Consumer Rights and Responsibilities Practice Quiz Practice Quiz Flashcards | StudBud
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LifeSmarts Consumer Rights and Responsibilities Practice Quiz Practice Quiz
LifeSmarts Consumer Rights and Responsibilities Practice Quiz Practice Quiz
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LifeSmarts November Consumer Rights and Responsibilities Practice Quiz
Flashcards
47 cards
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Practice quiz
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Questions
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Answers
1
Which of the following federal consumer protections is the oldest?
Sherman Antitrust Act
Nutrition Labeling Act
Truth in Lending Act
Pure Food and Drug Act
2
This federal agency is concerned with clean air, water, and land:
EPA
CPSC
HHS
CDC
3
The Federal Trade Commission's Cooling Off Rule covers goods purchased:
In your home
In all stores, physical and virtual
At a discount store
Over the internet
4
What is at the top of Maslow's Theory of Human Needs?
Esteem
Safety and Security
Self-Actualization
Social needs
5
Which federal agency creates and enforces regulations to keep employees safe at work?
Equal Opportunity Employment Agency
Occupational Safety and Health Administration
Federal Trade Commission
National Institute for Occupational Safety and Health
6
The Federal Anti-Tampering Act makes it a federal crime to alter or tamper with:
Odometers on vehicles
Packaged consumer products
A fire or smoke alarm
The weight of any item sold to the public
7
To keep an auto's warranty in effect, the owner should:
Take the auto to the same technician or garage
Follow the maintenance requirements noted in the owner's manual
Drive as few miles as possible each year
Do repairs at home to save money, and notify the manufacturer
8
The US Supreme Court hears cases involving the US Constitution. This power is called:
Judicial review
Appeals process
Legal restriction
Veto
9
This symbol or design identifies a brand:
Logo
Emblem
Patent
Trademark
10
In the US, which level of government has the power to conduct elections?
Local
State and Federal
State
Federal
11
How old do you have to be to get a social security number?
21
16
Any age once you start working
There is no age requirement
12
If a company will not sell you a product unless you pay to become a distributor of it, this company is likely running:
A Ponzi scheme
An affinity scheme
A pyramid scheme
A legitimate business
13
Under the Federal Trade Commission's Eye Glass Rule, consumers are entitled to:
Free eyeglass adjustments for the life of the glasses
A free eye examination every 5 years
A copy of their eyeglass prescription at no cost
Replacement eyeglasses if the original prescription is lost
14
The state department of motor vehicles is part of the:
Mutual sector
Nonprofit sector
Private sector
Public sector
15
The way a person chooses to live is referred to as their:
Standard of living
Career
Lifestyle
Home life
16
Every time you agree to buy something you make:
An installment
A contract
An asset
A deal
17
The cost of a product per ounce is found by using the:
Universal price
Unit price
Bar code
Weight price
18
Election fraud includes all but:
Bribery
Absentee ballots
Tampering
Impersonation fraud
19
You got your car repaired at a shop. You were unhappy and refused to pay. The mechanic:
Must provide a refund and uninstall new parts
May hire a mediator to settle the dispute
Must provide an itemized receipt
Can keep your car until you pay
20
Workers in this sector often receive tips from customers:
The government
The service industry
Sales positions
White collar jobs
21
To become a naturalized citizen of the US, you must meet which of the following requirements:
Know a minimum of six other citizens
Be at least 21 years old
Be able to read, write, speak and understand basic English
Have lived in the U.S. as a legal resident for at least 10 years
22
Products designed for sale in a specific chain of stores are known as:
Generics
National brands
Name brands
Store brands
23
People who buy products and services for their own use are:
Consumers
Customers
Retailers
Wholesalers
24
Caucus meetings are generally held in relation to this type of election:
Gubernatorial
Presidential
School board
Local
25
If you lost money to a scammer, you would report this to:
All of these
State Attorney General
Federal government
Local police
26
Which government agency is responsible for bicycle helmet safety?
Federal Trade Commission
National Highway Traffic Safety Administration
Environmental Protection Agency
Consumer Product Safety Commission
27
Manufacturing plants that pay unfair wages, use child labor, or violate workers' rights in other ways are:
Fashion houses
Tailors
Laboratories
Sweatshops
28
You're writing a letter to a business to resolve a complaint. You should:
Include original receipts and warranties
Be brief and to the point
Threaten a lawsuit to get action
Send a detailed history of the problem
29
Manufacturers of clothing must label the items with:
Care for all possible uses of the product
At least one possible method of safe care
Two possible methods of safe care
All possible methods of safe care
30
You buy detergent and expect it to work when used properly. This is called:
An extended warranty
An express warranty
A warranty of merchantability
A memorandum of understanding
31
To save money when food shopping:
Buy only products on sale or using coupons
Shop before eating
Prepare a grocery list before shopping
Buy only products on sale
32
The United States economic system is a:
Planned economy
Traditional economy
Free market economy
Mixed economy
33
Which is not one of the top five trading partners of the US?
China
Germany
Canada
Japan
34
Most states have "lemon laws." These laws generally cover:
All of these
New cars
Used cars
Farm equipment
35
Which of the following rights are guaranteed by the Bill of Rights?
All of the above
The right to a jury trial
The right to vote
The right to pay taxes
36
This person holds political office:
Adviser
Candidate
Incumbent
Senior
37
You want to sue your landlord because you think she unjustly kept your security deposit. You file in:
Small claims court
Appeals court
Federal court
Criminal court
38
What you give up to get something else:
Law of Supply and Demand
Altruism
Quality
Opportunity cost
39
This federal agency would take action against "greenwashing" claims:
EPA
DOJ
FTC
NOAA
40
Which of the following restrictions apply to a 14-year-old worker?
Cannot work more than 8 hours in one day
Cannot work more than three hours on school days
Cannot work more than 40 hours per week
All of these apply
41
As a consumer, your responsibility in product safety efforts includes:
Throwing away defective products
Identifying problems and responding to warnings
Using products until they are worn out
Using instructions if they are helpful
42
This name identifies a product:
Store brand
Label
Private label
Brand
43
This federal agency prosecutes anticompetitive business practices:
CFPB
US DOJ
FTC
FCC
44
A school official can search your locker:
When another student or a parent requests it
At no time, it is against federal law
Only at the end of the school year
If there are reasonable grounds to justify the search
45
Congress allocates the most discretionary income to:
Social Security
Payments on the national debt
Medicare
The military
46
Who pays the costs of the Medicaid program?
Federal and state governments share the costs
State and local governments share the cost
State governments
The federal government
47
Social Security is paid for by:
The federal government
Employee retirement accounts
Employers and the federal government
Employees and employers