#1
Which organization is responsible for protecting consumer rights in the United States?
Federal Trade Commission (FTC)
Consumer Protection Agency (CPA)
Consumer Rights Bureau (CRB)
National Consumer Council (NCC)
#2
Which of the following is NOT a consumer right?
Right to safety
Right to information
Right to unlimited refunds
Right to choose
#3
Which of the following agencies oversees food safety regulations in the United States?
Federal Trade Commission (FTC)
Food and Drug Administration (FDA)
Environmental Protection Agency (EPA)
Occupational Safety and Health Administration (OSHA)
#4
What is the purpose of a warranty?
To limit consumer rights
To protect consumers from faulty products
To increase product prices
To provide free products
#5
What is the purpose of the Consumer Product Safety Commission (CPSC) in the United States?
To regulate consumer credit
To enforce consumer product safety standards
To oversee food safety
To manage consumer complaints
#6
What does 'caveat emptor' mean?
Consumer sovereignty
Let the buyer beware
Consumer protection
Right to redress
#7
Which of the following is NOT a responsibility of consumers?
Reading and understanding product labels
Seeking legal advice for every purchase
Using products safely
Exercising their rights responsibly
#8
Which of the following is an example of an unfair trade practice?
Providing accurate product information
Offering discounts to loyal customers
Using false advertising to deceive consumers
Offering a money-back guarantee
#9
Which of the following is NOT covered under the Fair Credit Reporting Act (FCRA)?
Credit reports
Credit scores
Credit card fraud
Identity theft
#10
Which organization is responsible for enforcing consumer protection laws in the European Union?
European Consumer Rights Agency (ECRA)
European Consumer Centre (ECC)
European Consumer Protection Commission (ECPC)
European Consumer Organisation (ECO)
#11
What is the purpose of the Better Business Bureau (BBB) in the United States?
To advocate for consumer rights
To provide credit reports
To facilitate trade between businesses
To resolve disputes between consumers and businesses
#12
What is the purpose of the Consumer Financial Protection Bureau (CFPB) in the United States?
To regulate the stock market
To ensure fair lending practices
To oversee product safety
To promote international trade
#13
What is the purpose of a cooling-off period in consumer rights?
To allow consumers to return faulty products
To give consumers time to reconsider a purchase
To provide discounts to consumers
To extend warranty periods
#14
What does the Magnuson-Moss Warranty Act regulate?
Consumer credit reporting
Product warranties
Consumer product safety
Truth in advertising
#15
Which of the following is NOT a right guaranteed under the GDPR (General Data Protection Regulation)?
Right to be forgotten
Right to access personal data
Right to unlimited data sharing
Right to data portability
#16
Which of the following is an example of a pyramid scheme?
A legitimate multi-level marketing company
A company offering genuine investment opportunities
A scheme where participants are paid primarily for recruiting others rather than for selling products or services
A company with a transparent business model
#17
Which of the following is NOT a right protected by the United Nations Guidelines for Consumer Protection?
Right to redress
Right to education
Right to a healthy environment
Right to unlimited advertising
#18
What is the purpose of the Lemon Law in the United States?
To regulate the sale of citrus fruits
To protect consumers who purchase defective vehicles
To prevent consumers from returning goods
To promote the sale of used cars
#19
What is the purpose of the Consumer Rights Directive in the European Union?
To weaken consumer protections
To harmonize consumer rights across EU member states
To limit consumer access to products
To promote unfair trade practices