Consumer economics 2 (part2)

3. 1962 under Lincoln; activities include water safety, education, conservation, food, consumer service; meat safety> meat, poultry, & egg products. school food
4. issue license to professionals such as barbers, physicians,attorneys, & funeral directors. Licenses are usually prominently displayed in the professionals place of business. perform important preventive services.
7. agreements or promises that are legally enforceable.
8. an action brought by a grp or class of plaintiffs or defendants who share the same interests in the litigation.
9. created 1972; opened 1973 monitors the safety of over approximately 5000 kinds of consumer products. DONT recommend or test products!! Provides info to consumers on what safety procedures to look for in products & announces recalls.
12. 1914 under the Federal Trade commission Act; gov. most aggressive agency in rooting out fraud, violation of consumers privacy, & deceptive marketing practices in the marketplace.
14. a guarantee that holds for the correct use of product (shampoo clean hair not carpet).
15. a device used by creditors to get money owed to them (an employer can garnish employee wages)
16. the failure to do something (pay a loan; show up for court)
17. the decision of the jury for the plaintiff or defendant; in criminal actions, the findings of guilty or not guilty

1. a guarantee that implies the product should work & should be salable & fit for the market
2. 1973 empowers the Federal Trade Commission to obtain consumer redress when a person or firm engages in deceptive practices (false or misleading advertisement) requires manufacturers & sellers of products to provide consumers with detailed info about warranty guarantee
5. the failure to exercise the right amount of care in protecting others.
6. sum totals of people's or entities debts.
10. an agreement reached that terminates the lawsuit.
11. department of justice > enforce the law & defend the interests
13. the termination of an action or claim; the end of a lawsuit