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: