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True or False Quiz
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1
A consumer is someone who purchases an item that will be consumed, such as food.
A)True
B)False
2
A consent order is one in which a company agrees to stop the disputed practice and that it violated the law.
A)True
B)False
3
Widjan receives ten CDs in the mail from a company she has never done business with. Widjan may keep the CDs
A)True
B)False
4
Big Bargain advertises refrigerators for $199. When a customer arrives the customer is shown a small ice chest and told that other refrigerators are for sale for $999. This is bait-and-switch.
A)True
B)False
5
Zack sells four trucks every year. Zack must furnish a Buyers Guide to customers.
A)True
B)False
6
The antispam law provides for fines of $2,500 for each violation.
A)True
B)False
7
Network telemarketing must have a name and telephone number on Caller ID.
A)True
B)False
8
A consumer lease balloon payment may not exceed three times the average monthly payment
A)True
B)False
9
The Equal Credit Opportunity Act allows a business to consider age when deciding whether or to the extend credit.
A)True
B)False
10
A credit bureau may charge a consumer a fee of up to $9.00 for a credit report.
A)True
B)False





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