Consumer Protections

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Consumer Protections
In the box below, first identify all 7 rights and explain each with a minimum of one sentence. Next, brainstorm
the responsibilities consumers have as a result of these rights.
Consumer Bill of Rights
1.
Consumer Responsibilities
1.
2.
2.
3.
3.
4.
4.
5.
5.
6.
6.
7.
7.
Result of Competition:
1.
2.
Unfair Competition examples (explain each):
1.
2.
Consumer Protection Agencies
Explain what each acronym stands for and how each organization helps consumers
1. FTC
2. CPSC
3. EPA
4. FCC
5. SEC
6. SIPC
7. FDA
8. FAA
9. FDIC
10. BBB
-In groups of 3 or 4 identify which consumer right each organization protects. Go back to the table on page 1
and write the acronym of the organization next to the “Right” it corresponds with.
Warranties

Full Warranty:

Limited Warranty:

Implied Warranty:

“As is”:
Fraud:
Bait and Switch:
Loss Leader:
Pyramid Scheme:
Small Claims Court:
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