Interestingly, Color Additives to Foods Are NOT Covered by the United

question 55

Multiple Choice

Interestingly, color additives to foods are NOT covered by the United States Federal Food, Drug, and Cosmetic Act. Why is a reason for this?

• A) Color additives are considered to be non-toxic.
• B) Color additives are regulated under other laws.
• C) Only digestible additives are covered under the Act.
• D) Color additives were 'grandfathered' in as most were in use before 1958.
• E) Both c and d

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Definitions:

Callable Bond

A type of bond that can be redeemed by the issuer before its maturity date at a specified price.

Redemption

The process by which securities or financial instruments are converted into cash or its equivalent value.

Collar

A protective options strategy that involves buying a put option and selling a call option on the same asset to limit the range of possible returns.

Putable Bond

A type of bond that allows the holder to sell the bond back to the issuer at a predetermined price before maturity.