#1
Which government agency is responsible for enforcing antitrust laws in the United States?
FDA (Food and Drug Administration)
SEC (Securities and Exchange Commission)
FTC (Federal Trade Commission)
EPA (Environmental Protection Agency)
#2
In what year was the Federal Communications Commission (FCC) established to regulate communication by wire and radio in the United States?
#3
What does the acronym GDPR stand for in the context of data protection and privacy?
General Data Protection Regulation
Global Data Privacy Rules
Government Data Privacy Requirements
General Digital Privacy Rights
#4
What does the acronym FCC stand for in the United States?
Federal Communications Committee
Federal Commerce Commission
Federal Cable Corporation
Federal Communications Commission
#5
In the context of consumer rights, what does 'caveat emptor' mean?
Let the buyer beware
Buyer's remorse
Consumer protection
Fair market value
#6
When was the Sherman Antitrust Act enacted in the United States?
#7
What is the significance of the Robinson-Patman Act in the context of commerce regulation?
It regulates unfair labor practices
It addresses price discrimination and promotes fair competition
It establishes environmental protection standards
It ensures product safety and quality
#8
Which legislation aimed to address consumer protection and ensure the safety of products in the United States?
Consumer Privacy Act
Consumer Product Safety Act
Consumer Rights Act
Consumer Financial Protection Act
#9
Which federal agency is responsible for enforcing laws related to the labeling and advertising of food, drugs, and cosmetics?
Federal Reserve System
Food and Drug Administration (FDA)
Environmental Protection Agency (EPA)
Federal Communications Commission (FCC)
#10
In 1890, the Sherman Antitrust Act was named after which U.S. Senator?
John Sherman
William McKinley
Theodore Roosevelt
John Rockefeller
#11
What is the primary goal of the Clayton Antitrust Act?
To regulate the stock market
To prevent unfair business practices and anticompetitive behavior
To establish labor standards
To protect consumers from unsafe products
#12
Which landmark case established the 'commerce clause' as a basis for federal regulation of interstate commerce?
Wickard v. Filburn
Brown v. Board of Education
Marbury v. Madison
Roe v. Wade
#13
Which landmark case clarified the concept of 'strict scrutiny' in relation to government regulation of commercial speech?
Citizens United v. FEC
Virginia State Board of Pharmacy v. Virginia Citizens Consumer Council
Sorrell v. IMS Health Inc.
Central Hudson Gas & Electric Corp. v. Public Service Commission
#14
What was the main objective of the Securities Act of 1933 in the United States?
To regulate the sale of securities and protect investors
To establish fair labor standards
To address price discrimination
To promote environmental protection
#15
What is the purpose of the Robinson-Patman Act in the context of commerce regulation?
To regulate unfair labor practices
To address price discrimination and promote fair competition
To establish environmental protection standards
To ensure product safety and quality