In Which of the Following Cases of Consumer Safety Violations

question 38

Multiple Choice

In which of the following cases of consumer safety violations will the U.S.Department of Agriculture be required to take action?

• A)A new drug was released into the market without adequate testing and this lead to adverse side effects among users.
• B)A brand of soft toys for infants was produced with low grade foam and fabrics that are harmful for children when ingested.
• C)A batch of sausages and cold cuts from a particular vendor was found to have high levels of salmonella and other pathogenic organisms.
• D)A fleet of cars released into the market by famous company was found to have a defective braking system which could prove fatal for owners.

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Definitions:

Strip Bond

A debt security that has had its principal and coupon payments detached and sold separately as zero-coupon bonds.

Compounded Semi-Annually

Interest that is computed and added to the original amount every six months, resulting in compound interest.

Compounded Annually

A method where interest is added to the principal balance once a year, affecting the total interest earned or paid.

Compounded Monthly

A method of calculating interest where interest earned is added to the principal monthly, so each subsequent interest calculation is on an increased amount.