PF 2.02 Review: Question Preview (ID: 15221)


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What is the Better Business Bureau?
a) Has a website where incidents of consumer fraud may be reported b) This state office assists consumers who have been victimized by fraud c) A local consumer protection agency d) FTC; a government agency to assist consumers who’ve been victims of fraud
What is the National Consumers League?
a) A local consumer protection agency b) FTC; a government agency to assist consumers who’ve been victims of fraud c) This state office assists consumers who have been victimized by fraud d) Has a website where incidents of consumer fraud may be reported
What is the Federal Trade Commission?
a) This state office assists consumers who have been victimized by fraud b) Has a website where incidents of consumer fraud may be reported c) A local consumer protection agency d) FTC; a government agency to assist consumers who’ve been victims of fraud
What is the State Attorney General?
a) This state office assists consumers who have been victimized by fraud b) A local consumer protection agency c) Has a website where incidents of consumer fraud may be reported d) FTC; a government agency to assist consumers who’ve been victims of fraud
After Eve’s mother gave her $1,000 as a graduation gift, Eve bought gifts for herself and all her friends, spending all the money in one week. Eve’s behavior illustrates failure t
a) be informed b) communicate c) plan d) protect
Which illustrates a typical line from a sweepstakes letter?
a) “Invest only $50 in this unique program and you can earn money from your own home.” b) “Mail $20 to five people within three days and you will receive your money back five times over.” c) “Purchase your certified ticket and you’ll have a chance to win over $10,000.” d) “(Your name) is the lucky winner. Pay only $25 before May 6 and claim your prize.”
Which illustrates reporting a fraudulent scam to a consumer government agency?
a) Calling your legislator to complain about telemarketers calling your home b) Completing a complaint form and submitting it on the Federal Trade Commission website c) Telling a postal clerk about an unwanted sweepstakes offer you received d) Texting your mom to ask her if she’s heard of a credit card company
What are high-pressure sales approach?
a) Offers that withhold certain details, expecting one to pay up front to get them b) Using extreme tactics to persuade a consumer to buy c) A stipulation or prerequisite d) A scam artist my notify you that you have the winning bid, ask for money, but never ship the item pu
What is a vague offer?
a) A stipulation or prerequisite b) Using extreme tactics to persuade a consumer to buy c) Offers that withhold certain details, expecting one to pay up front to get them d) Hiding information; hiding the truth
What is a pyramid scam?
a) Hiding information; hiding the truth b) Using extreme tactics to persuade a consumer to buy c) A stipulation or prerequisite d) A scam that usually involves a “get rich quick” chain letter, sending money to others in order to, s
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