Shopping Products Refer to Items That the Consumer

question 274

Multiple Choice

Shopping products refer to items that the consumer

• A)purchases frequently,conveniently,and with a minimum of effort.
• B)compares several alternatives on criteria such as price,quality,or style.
• C)makes a special effort to search out and buy.
• D)does not know about or knows about but does not initially buy.
• E)buys as a result of buying others' consumer products,such as impulse purchases.

---

Definitions:

Gramm-Leach-Bliley Financial Modernization Act

A law enacted in 1999 that aims to regulate the collection, disclosure, and protection of consumers' personal financial information by financial institutions.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

FTC

The Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and promoting competition.

Consumer Financial Protection Bureau

A regulatory agency in the United States tasked with ensuring consumers are treated fairly by banks, lenders, and other financial companies.