BUSN 380 DEVRY WEEK 5 QUIZ LATEST
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$8.80 a quart.<br />
12¢ an ounce.<br />
Question 5. Question : (TCO 1) A(n) _____ warranty is a specific agreement created by the seller or<br />
manufacturer.<br />
<br />
<br />
<br />
<br />
<br />
open<br />
implied<br />
express<br />
contingent<br />
limited<br />
Question 6. Question : (TCO 1) The purpose of the _____ is to assist with consumer complaints and<br />
also to provide consumer information.<br />
<br />
<br />
<br />
<br />
<br />
Better Business Bureau<br />
Federal Trade Commission<br />
Underwriters Laboratories<br />
Consumers Union<br />
Consumer Action<br />
Question 7. Question : (TCO 1) The difference between mediation and arbitration is that the latter<br />
<br />
<br />
<br />
<br />
<br />
involves government officials.<br />
is legally binding.<br />
is only available in certain states.<br />
allows compromise through negotiation.<br />
requires the use of a lawyer.<br />
Question 8. Question : (TCO 1) In order for a class action suit to be taken and also to be valid, it must<br />
<br />
<br />
<br />
<br />
<br />
be a legal problem against a government agency.<br />
cover an amount less than the limit set by the state.<br />
be a case that would not be handled by an attorney.<br />
involve low-income individuals.<br />
involve several people with the same problem.<br />
Question 9. Question : (TCO 1) When a used car has an implied warranty, this means that<br />
<br />
<br />
<br />
<br />
<br />
major repairs are the responsibility of the seller.<br />
government agencies will repair safety defects.<br />
the vehicle must be in operating condition.<br />
hidden defects will be repaired at no cost to the buyer.<br />
a vehicle must operate properly for at least 1 year.
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