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BL 15-1
Business Law
Question | Answer |
---|---|
A classification for products that do not meet the FDA's standards for purity and quality | Adulterated |
An individual who acquires goods | Consumer |
Any method of business that is dishonest or fraudlent or that illegally limits free competition | Unfair Trade Practices |
A voluntary, court-enforceable agreement to stop an illegal or questionable practice | Consent Order |
A phrase that means "let the buyer beware" | Caveat Emptor |
The return of wrongfully obtained money to a customer | Restitution |
The practice of luring customers to a store by advertising low-priced items that are understocked | Bait and Switch |
A court action that allows one or several persons to sue o behalf of others | Class Action Act |
An untrue claim of quality or effectiveness | False and Misleading Advertising |
An order that requires a company to stop a certain conduct | Cease and desist order |