PF 2.02 Review Question Preview (ID: 15221)
2.02 Review, Vocab And Questions.
TEACHERS: click here for quick copy question ID numbers.
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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