Week 6 Quiz – Chapter 6 Quiz

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  • Question 1

    2 out of 2 points

    According to the legal doctrine of strict product liability,
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    a manufacturer need not be negligent to be held liable for a defective product.
    Correct Answer:
    Correct

  • Question 2

    2 out of 2 points

    In 1972 Congress created one of the most important agencies for regulating product safety. This agency is the
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    Consumer Product Safety Commission.
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    Correct

  • Question 3

    2 out of 2 points

    Which statement is true from an ethical perspective?
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    The argument for strict liability is basically utilitarian.
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    Correct

  • Question 4

    2 out of 2 points

    Critics of advertising generally agree that
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    advertising rarely gives consumers much useful information.
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    Correct

  • Question 5

    2 out of 2 points

    Due care is
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    the idea that consumers and sellers do not meet as equals and that consumer’s interests are particularly vulnerable to being harmed by the manufacturer.
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    Correct

  • Question 6

    2 out of 2 points

    Caveat emptor means
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    let the buyer beware
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    Correct

  • Question 7

    2 out of 2 points

    The case of FTC v. Standard Education was important in the legal transition
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    toward something like the ignorant consumer standard.
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    Correct

  • Question 8

    2 out of 2 points

    The consumer’s main source of product information is
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    Correct

    the label and package.
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    Correct

  • Question 9

    2 out of 2 points

    Legal paternalism is the doctrine that the law
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    may justifiably restrict the freedom of the individual for his or her own good.
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    Correct

  • Question 10

    2 out of 2 points

    Terms like “can be,” “as much as,” and “help,” are examples of
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    Correct

    ambiguity.
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    Correct

  • Question 11

    2 out of 2 points

    “Puffery” is an example of which of the following deceptive or misleading advertising techniques?
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    Correct

    exaggeration
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    Correct

  • Question 12

    2 out of 2 points

    Harvard business professor Theodore Levitt has
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    drawn an analogy between advertising and art.
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    Correct

  • Question 13

    2 out of 2 points

    Which of the following is an example of price gouging?
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    New York hotels that doubled or tripled their prices in the aftermath of the September 11, 2001, attacks.
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    Correct

  • Question 14

    2 out of 2 points

    The terms “best, finest, and most” are examples of
    Selected Answer:
    Correct

    puffery.
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    Correct

  • Question 15

    2 out of 2 points

    Statistically, there is strong evidence that exposure to television advertising is strongly associated with
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    Correct

    obesity in children under twelve.
    Correct Answer:
    Correct

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