Consumer Rights — Quiz Answers

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1
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How do the choices consumers make impact business decisions?

A
The government mandates that businesses respond promptly to the preferences of the market.
B
Businesses, like consumers, tend to follow fads and trends, so setting trends can cause businesses to follow along.
C
Businesses are run by consumers, so the choices those consumers make will find their way into business decisions.
D
Businesses can track the trends of what consumers are and are not buying, and will attempt to cater to the desires of those who provide them with profits.
2
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What consumer protection agency is known by the acronym FTC?

A
Fair Trade Community
B
Foreign Tariff Committee
C
Federation of Traders and Consumers
D
Federal Trade Commission
3

Which of these functions is most closely connected with the FDA?

A
protecting the public from unsafe medicines and foods
B
using monetary policy to prevent inflation
C
regulating markets and preventing monopolies
D
enforcing truth in advertising
5

Which of these is not a basic consumer right?

A
The right to be informed
B
The right to a healthy environment
C
The right to safety
D
The right to a refund
6

Which two consumer rights would customers depend on when returning a damaged item for a refund?

A
the right to safety and the right to be heard
B
the right to be heard and the right to redress
C
the right to choose and the right to safety
D
the right to be heard and the right to choose
7

Which of these is a consumer right recognized by the United Nations?

A
right to openness
B
right to equality
C
right to education
D
right to collaboration
10

Which of these is not one of the eight recognized consumer rights?

A
right to a healthy environment
B
right to be informed
C
right to the satisfaction of basic needs
D
right to simplicity

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Consumer Rights — Quiz Answers — CMS 2026-2027…