The Four Basic Rights Outlined in the Consumer Bill of Rights

question 33

Multiple Choice

The four basic rights outlined in the Consumer Bill of Rights include the right to safety, the right to be heard, the right to

• A)inform, and the right be chosen.
• B)consumer education, and the right to honesty.
• C)choose, and the right to be informed.
• D)redress, and the right to choose.
• E)honesty, and the right to redress.

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Definitions:

TARP

Troubled Asset Relief Program, a government initiative to purchase toxic assets and equity from financial institutions to strengthen the financial sector during the 2008 financial crisis.

Government Deficit Reduction

Measures taken by a government to decrease the amount by which its spending exceeds its income, often implying budget cuts and/or tax increases.

FTC Act

The Federal Trade Commission Act, which established the Federal Trade Commission (FTC) to prevent unfair competition, deceptive practices, or misleading advertisements in the marketplace.

Unfair

A situation or action that is unjust, biased, or prejudicial, often referring to practices or treatments that deviate from equity or justice.