Examlex

Solved

Which of the Following Statements Is Correct

question 37

Multiple Choice

Which of the following statements is correct?


Definitions:

Magnuson-Moss Act

A federal law in the United States that governs warranties on consumer products.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, aiming to standardize the law in all 50 states.

Federal Trade Commission

A U.S. federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Equal Credit Opportunity Act

A U.S. federal law ensuring that all consumers are given an equal chance to obtain credit.

Related Questions