Jeopardy

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Jeopardy. True/False. True/False. Terms. Terms. Agencies. Q$100. Q$100. Q$100. Q$100. Q$100. Q$200. Q$200. Q$200. Q$200. Q$200. Q$300. Q$300. Q$300. Q$300. Q$300. Q$400. Q$400. Q$400. Q$400. Q$400. Q$500. Q$500. Q$500. Q$500. Q$500. Final Jeopardy. - PowerPoint PPT Presentation

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JeopardyJeopardyTrue/False True/False Terms Terms

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Final Jeopardy

Agencies

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$100 Question from True/False$100 Question from True/False

When a business controls the market for a product, it has a monopoly—

True or False?

$100 Answer to True/False$100 Answer to True/False

What is True.

$200 Question from True/False$200 Question from True/False

Small claims courts prohibit the use of lawyers and witnesses—True or

False?

$200 Answer to True/False$200 Answer to True/False

What is False.

$300 Question from True/False$300 Question from True/False

Products sold at factory outlets sometimes contain minor flaws—

True or False?

$300 Answer to True/False$300 Answer to True/False

What is True.

$400 Question from True/False$400 Question from True/False

Private label brands are sold only to members of private shopping clubs—True or False?

$400 Answer to True/False$400 Answer to True/False

What is False.

$500 Question from True/False$500 Question from True/False

A clearance sale is used to clear goods that the store no longer wishes

to carry—True or False?

$500 Answer to True/False$500 Answer to True/False

What is True.

$100 Question from True/False$100 Question from True/False

The unit price for a 12-ounce box of cereal that costs $2.39 is 20 cents—

True or False?

$100 Answer to True/False$100 Answer to True/False

What is True.

$200 Question from True/False$200 Question from True/False

A good source for recommendations of products is the Better Business

Bureau—True or False?

$200 Answer to True/False$200 Answer to True/False

What is False.

$300 Question from True/False$300 Question from True/False

AHAM develops performance standards for appliances, such as

refrigerators—True or False?

$300 Answer to True/False$300 Answer to True/False

What is True.

$400 Question from True/False$400 Question from True/False

Many manufacturers pay product testing organizations to perform safety tests on their

products—True or False.

$400 Answer to True/False$400 Answer to True/False

What is True.

$500 Question from True/False$500 Question from True/False

Store brands are usually sold at a lower cost than national brands—

True or False?

$500 Answer to True/False$500 Answer to True/False

What is True.

$100 Question from Terms$100 Question from Terms

The use of a third party to resolve a complaint.

$100 Answer to Terms$100 Answer to Terms

What is mediation?

$200 Question from Terms$200 Question from Terms

Providing false information to consumers to make a sale.

$200 Answer to Terms$200 Answer to Terms

What is fraud?

$300 Question from Terms$300 Question from Terms

A name given to a product to distinguish it from similar items.

$300 Answer to Terms$300 Answer to Terms

What is a brand?

$400 Question from Terms$400 Question from Terms

An unstated warranty imposed by law and understood to apply.

$400 Answer to Terms$400 Answer to Terms

What is an implied warranty?

$500 Question from Terms$500 Question from Terms

Results in a decision that is legally binding.

$500 Answer to Terms$500 Answer to Terms

What is arbitration?

$100 Question from Terms$100 Question from Terms

A promise of a quality of performance made orally or in

writing.

$100 Answer to Terms$100 Answer to Terms

What is an express warranty?

$200 Question from Terms$200 Question from Terms

Buying too quickly, often at or near the checkout counter.

$200 Answer to Terms$200 Answer to Terms

What is impulse buying?

$300 Question from Terms$300 Question from Terms

A lawsuit brought by one party on behalf of a group with the same

grievance.

$300 Answer to Terms$300 Answer to Terms

What is a class action suit?

$400 Question from Terms$400 Question from Terms

The price per unit of measure of a product.

$400 Answer to Terms$400 Answer to Terms

What is unit price?

$500 Question from Terms$500 Question from Terms

The banding together of consumers to demand fair treatment from

businesses.

$500 Answer to Terms$500 Answer to Terms

What is consumer movement?

$100 Question from Agencies$100 Question from Agencies

The agency you would contact if a skin care product causes a serious

rash.

$100 Answer to Agencies$100 Answer to Agencies

What is the FDA (Food and Drug Administration)?

$200 Question from Agencies$200 Question from Agencies

The agency you would contact if a company is using unfair business

practices to eliminate competition.

$200 Answer to Agencies$200 Answer to Agencies

What is the FTC (Federal Trade Commission)?

$300 Question from Agencies$300 Question from Agencies

The agency you would contact if a lesser-quality beef is advertising as

“prime”.

$300 Answer to Agencies$300 Answer to Agencies

What is the USDA (United States Department of Agriculture)?

$400 Question from Agencies$400 Question from Agencies

The agency you would contact if an infant seat has a handle that does not latch properly.

$400 Answer to Agencies$400 Answer to Agencies

What is the CPSC (Consumer Product Safety Commission)?

$500 Question from Agencies$500 Question from Agencies

The agency you would contact if a power plant is releasing unsafe

emissions into the air.

$500 Answer to Agencies$500 Answer to Agencies

What is the EPA (Environmental Protection Agency)?

Final Jeopardy QuestionFinal Jeopardy Question

What is the last step you would want to take if you were trying to resolve a

purchasing problem.

Final Jeopardy AnswerFinal Jeopardy Answer

What is “take legal action”.

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