Author Question: Which statement is accurate in its description of consumer protection? a. The Consumer Product ... (Read 111 times)

nelaaney · **on:** Jun 19, 2018

Which statement is accurate in its description of consumer protection?

a. The Consumer Product Safety Commission has the power to order recalls, public warnings, and refunds.
b. Statistics show that, in fact, safety regulations rarely succeed in increasing safety.
c. Critics exaggerate the cost of safety regulations and product recalls.
d. Safety regulations permit people to choose to save money by purchasing riskier (but less expensive) products

Question 2

In 1972 Congress created one of the most important agencies for regulating product safety. This agency is the

a. Securities and Exchange Commission.
b. Federal Drug Administration Agency.
c. Fair Packaging and Labeling Commission.
d. Consumer Product Safety Commission