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Jeopardy True/False True/False Terms Terms Agencies Q$100 Q$100 Q$100 Q$100 Q$100 Q$200 Q$200 Q$200 Q$200 Q$200 Q$300 Q$300 Q$300 Q$300 Q$300 Q$400 Q$400 Q$400 Q$400 Q$400 Q$500 Q$500 Q$500 Q$500 Q$500 Final Jeopardy $100 Question from True/False When a business controls the market for a product, it has a monopoly— True or False? $100 Answer to True/False What is True. $200 Question from True/False Small claims courts prohibit the use of lawyers and witnesses—True or False? $200 Answer to True/False What is False. $300 Question from True/False Products sold at factory outlets sometimes contain minor flaws— True or False? $300 Answer to True/False What is True. $400 Question from True/False Private label brands are sold only to members of private shopping clubs—True or False? $400 Answer to True/False What is False. $500 Question from True/False A clearance sale is used to clear goods that the store no longer wishes to carry—True or False? $500 Answer to True/False What is True. $100 Question from True/False The unit price for a 12-ounce box of cereal that costs $2.39 is 20 cents— True or False? $100 Answer to True/False What is True. $200 Question from True/False A good source for recommendations of products is the Better Business Bureau—True or False? $200 Answer to True/False What is False. $300 Question from True/False AHAM develops performance standards for appliances, such as refrigerators—True or False? $300 Answer to True/False What is True. $400 Question from True/False Many manufacturers pay product testing organizations to perform safety tests on their products—True or False. $400 Answer to True/False What is True. $500 Question from True/False Store brands are usually sold at a lower cost than national brands— True or False? $500 Answer to True/False What is True. $100 Question from Terms The use of a third party to resolve a complaint. $100 Answer to Terms What is mediation? $200 Question from Terms Providing false information to consumers to make a sale. $200 Answer to Terms What is fraud? $300 Question from Terms A name given to a product to distinguish it from similar items. $300 Answer to Terms What is a brand? $400 Question from Terms An unstated warranty imposed by law and understood to apply. $400 Answer to Terms What is an implied warranty? $500 Question from Terms Results in a decision that is legally binding. $500 Answer to Terms What is arbitration? $100 Question from Terms A promise of a quality of performance made orally or in writing. $100 Answer to Terms What is an express warranty? $200 Question from Terms Buying too quickly, often at or near the checkout counter. $200 Answer to Terms What is impulse buying? $300 Question from Terms A lawsuit brought by one party on behalf of a group with the same grievance. $300 Answer to Terms What is a class action suit? $400 Question from Terms The price per unit of measure of a product. $400 Answer to Terms What is unit price? $500 Question from Terms The banding together of consumers to demand fair treatment from businesses. $500 Answer to Terms What is consumer movement? $100 Question from Agencies The agency you would contact if a skin care product causes a serious rash. $100 Answer to Agencies What is the FDA (Food and Drug Administration)? $200 Question from Agencies The agency you would contact if a company is using unfair business practices to eliminate competition. $200 Answer to Agencies What is the FTC (Federal Trade Commission)? $300 Question from Agencies The agency you would contact if a lesser-quality beef is advertising as “prime”. $300 Answer to Agencies What is the USDA (United States Department of Agriculture)? $400 Question from Agencies The agency you would contact if an infant seat has a handle that does not latch properly. $400 Answer to Agencies What is the CPSC (Consumer Product Safety Commission)? $500 Question from Agencies The agency you would contact if a power plant is releasing unsafe emissions into the air. $500 Answer to Agencies What is the EPA (Environmental Protection Agency)? Final Jeopardy Question What is the last step you would want to take if you were trying to resolve a purchasing problem. Final Jeopardy Answer What is “take legal action”.