All categories

1 year ago

Lef evaluation of your work.

1 answer:

8 0

The two consumer protection acts are the Federal Food, Drug, and Cosmetic Act and Truth in Lending Act. The benefits of the acts are discussed as below.

<h3>What is Consumer protection?</h3>

Consumer protection refers to the protection of the buyers from the low quality commodity and products that are hazardous to life. It also includes to safeguard the customers from the unfair practices.

The Federal Food, Drug, and Cosmetic Act states that the legislation oversees the degree of quality for this food, pharmaceuticals, medical equipment, and cosmetic items manufactured and purchased by American customers.

The truth in Lending Act is a federal statute that permits borrowers to make certain claims about consumer credit conditions and rates. Its standards govern open-end lines of credit, shuttered personal loans, retail lending, and private financing to universities.

Therefore, it can be included that Federal Food, Drug, and Cosmetic Act and Truth in Lending Act are the laws meant to protect the customers.

Learn more about consumer protection here:

brainly.com/question/3154797

#SPJ1

You might be interested in

If Penny bought a stock for $80 dollars and could sell it 15 years later for 4 times what she originally paid, what is Penny’s r

Anna11 [10]

Answer:

10%

Explanation:

Data provided in the question

Purchase value of the stock = $80

Number of years = 15

Times = 4

So, the return on owning this stock is

= Number of times^(1 ÷ number of years) - 1

= 4^(1÷15) - 1

= 4^0.0666666667 - 1

= 1.0968249797 - 1

= 0.0968249797

= 10% round off

All other things that are mentioned in the question is not relevant. Hence, ignored it

5 0

3 years ago

There's a large number of bakeries in the United States and each of these bakeries produces similar, but not identical, products

kobusy [5.1K]

Answer:

monopolistic competition

Explanation:

Monopolistic competition -

It refers to a type of competition , where the some sellers sell similar products but exactly the same , is referred to as monopolistic competition .

The goods and services are not exactly the copy of each other , rather are just similar in nature , with similar components .

Hence , from the given scenario of the question ,

The correct answer is monopolistic competition .

8 0

3 years ago

Zoe runs a flower shop. She recently made some changes so that one employee answers phones and completes the order and payment p

jeyben [28]

Answer:

The correct answer is (e)

Explanation:

Task identity is a complete system that involves doing a job and specifying every phase and step from start to finish that helps to attain noticeable result and helps to avoid confusion. It not only helps the company to find the best person for a job, but it also allows employees to achieve satisfaction at their job.

8 0

3 years ago

Suppose there were several large outstanding checks on the year-end bank reconciliation that did not clear the bank by the cutof

BigorU [14]

Insufficient funds and irregular signatures are reasons why a cheque may not be cleared in time.

<h3>What is a Cheque?</h3>

This can be defined as a written, dated, and signed instrument which directs a bank to pay a specific sum of money to the bearer.

Insufficient funds and irregular signatures may delay the clearing of cheque which is a result of human error and could lead to returning it.

Read more about Cheque here brainly.com/question/24555580

4 0

2 years ago

With a cost-oriented pricing strategy, a price setter stresses the ____ side of the pricing problem and the price is set by look

NeX [460]

The answer to the first unknown is the "COST SIDE" while the answer to the second unknown in the problem is "PRODUCTION AND MARKETING COST". Hence, with a cost-oriented pricing strategy used and implemented by many companies, a price setter stresses the COST SIDE of the pricing problem and the price is set by looking at the PRODUCTION and MARKETING COST.

6 0

3 years ago