11 - NR275.BUS.241.35.SP11 - ( [Spring 2011] BUS 241-35:...

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NR275.BUS.241.35.SP11 - ([Spring 2011] BUS 241-35: Business Law I) Assignments ... Module 4 Practice Test Review Test Submission: Module 4 Practice Test Review Test Submission: Module 4 Practice Test User Kristen M Ritch Submitted 3/5/11 5:11 PM Name Module 4 Practice Test Status Completed Score 0 out of 100 points Time Elapsed 9 seconds out of 2 hours and Instructions Question 1 A public policy underlying the imposition of strict product liability is that a manufacturer who makes an unsafe product should be put out of business. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 2 An advertisement that contains an endorsement by a celebrity may be deemed deceptive if the celebrity does not actually use the product. Selected Answer: [None Given] Correct Answer: True 0 out of 2 points Question 3 Express warranties displace all inconsistent implied warranties. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 4 A manufacturer's duty of care does not extend to the inspection and testing of products bought to incorporate in the final product. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 5 Orange Company makes computers. The company's ad states that "if you aren't eatin' an Orange, you aren't gettin' any 'C." The Federal Trade Commission would consider this ad Selected Answer: [None Given] Correct Answer: neither false nor misleading. 0 out of 2 points NR275.BUS.241.35.SP ([Spring 2011] BUS 241-35: Business Law I) Announcements Assignments Course Documents Discussion Board My Grades Communication Tools Resources
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Question 6 Drugs must be shown to be effective and safe before they can be marketed. Selected Answer: [None Given] Correct Answer: True 0 out of 2 points Question 7 "Regulation Z" is a generic term for any consumer protection law. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 8 On behalf of RiteNow Collection Agency, Sid poses as a police officer in an attempt to collect payment from Tylo for a shipment of scuba equipment that she returned to Undersea Company two months earlier. This violates Selected Answer: [None Given] Correct Answer: the Fair Debt Collection Practices Act. 0 out of 2 points Question 9 The Fair Debt Collection Practices Act applies to anyone who tries to collect a debt. Selected Answer: [None Given] Correct Answer: False 0 out of 2 points Question 10 In a transaction subject to the Truth-in-Lending Act, all of the terms of a credit instrument must be clearly and conspicuously disclosed. Selected Answer: [None Given] Correct Answer: True 0 out of 2 points Question 11 Federal law prohibits vague generalities and obvious exaggerations in advertising. Selected Answer:
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11 - NR275.BUS.241.35.SP11 - ( [Spring 2011] BUS 241-35:...

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