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LUCKY_DIMON [66]
3 years ago
13

1. Consumer law is the system that is designed to protect the people involved in a market. True or false

SAT
2 answers:
ioda3 years ago
6 0

Answer:

1.  True

2. D. Warranties.

3. D. All of the above.

Explanation:

1. Consumer laws are consumer protective laws enacted to prevent unscrupulous business men from taking undue advantage of market ignorance or weak bargaining power of innocent consumers and making profit from such ignorance.

2. A warranty is a contract between a buyer and a seller whereby the seller of a product promises to repair or compensate a buyer without cost to the buyer any defect noticed in the product purchased within a specified period of time.

3. The generally accepted consumer rights are

a. The right to know what is in your credit file, this is provided for in the Fair Credit Reporting Act (FCRA)

b. The right to know when your credit score is used against you. This is also provided for in the The Fair Credit Reporting Act (FCRA)

c. Right to correct information concerning the product

d. Right to fair indemnity in case a consumer has been unfairly treated.

e. Also the right to be given opportunity to make a choice.

slavikrds [6]3 years ago
4 0
1. TRUE. The Consumer Law was to help prevent or detect business frauds. 
2. Written Contracts (Oh gosh I really dont remember this one. You should double check this
3. C.
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The correct answer to this open question is the following.

Although you did not attach options for this question, we can say the following.

The original (first) covenant God made with Abraham was the promise of God to bless the descendants of Abraham. God blessed Abraham and told him that he was going to be the "father" or leader of many tribes. In Genesis, the first book of the Old Testament, God told Abraham to travel to the promised land of Cannan, but he had to make sure that his people would be faithful and loyal to God.

In comparison, the Second Covenant is the one that is referred to in the New Testament, when God, who loves his creatures, sent his own son Jesus to help humans. God promises humans that he will forgive all their sins if they followed Jesus' teachings.

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The question is asking us for the statement that would be a fact, which means the kind of statement that could be demonstrated, proved with facts and numbers. That is why the correct answer is the letter "C," the other statements are subjective opinions.

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