Which of the Following Statements About Consumerism Is FALSE

question 60

Multiple Choice

Which of the following statements about consumerism is FALSE?

• A) Consumerists argue that consumers should have rights but no responsibility for their product choices.
• B) Consumerists are concerned with ensuring that consumers have the information necessary to make informed choices.
• C) Consumerists are concerned with quality of life.
• D) Consumerists are concerned with strengthening consumer rights in the face of fraud or misleading conduct.
• E) All of the above are true.

---

Definitions:

Poison Pill

A defensive strategy used by corporations to deter hostile takeovers by making the company less attractive to the potential acquirer.

Control

In a business context, the ability to direct the management and policies of a company, often through the ownership of a majority of shares.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, thus having partial ownership and interest in the company.

Shares

Units of ownership interest in a corporation or financial asset, which provide for an equal distribution in any profits, if any are declared, in the form of dividends.