Shared Flashcard Set

Details

ch 29
consumer laws
17
Finance
11th Grade
03/22/2012

Additional Finance Flashcards

 


 

Cards

Term
Food, Drug, and Cosmetic Act of 1938
Definition
Act requiring that foods be safe and be wholesome
Term
Fair packaging and labeling act of 1966
Definition
an act that requires prodect labels to contain accurate names, quatities, and weights
Term
National traffic and motor vehicle safety act of 1966
Definition
act established national safety standards for automobiles and tires
Term
Hazardous substances labeling act of 1960
Definition
law that requires that warning labels appear on all household products that are potentially dangerous to the consumer
Term
Permanent Care labeling rule of 1972
Definition
Effective since 1972, this act requires that clothing and fabrics be permanently labeled
Term
FERPA
Definition
an act protecting the priacy and us eof student records
Term
Kefauver-Harris Drug Amendmentof 1962
Definition
an act requiring drug manufactors file notices of new drugs with the FDA
Term
Flammable Fabrics Act of 1953
Definition
a 1953 act that set flammability standards for clothing,children's sleepwear, carpets, rugs, and mattresses
Term
Agriculture Marketing Service
Definition
the agency of the Department of Agriculture that inspects the food to make wholesomeness
Term
National Istitue of Standards and technology
Definition
through the department of commerce, this agencysets mmeasurement,products, and safety standards
Term
Food and Drug Administration
Definition
the agency charged with enforcing laws preventing distribution of mislabeled foods,drugs, cosmetics, and medical devices
Term
Federal Communications Commission
Definition
the agency that regulates radio and television broadcasting
Term
Federal Trade Commission
Definition
the agency concerned with protection consumers from unfair methods of competition
Term
Securities and Exchange Commission
Definition
a goverment agency whose main purpose is to protect investors
Term
Better Buissnes Bureau
Definition
a state and local, non govermental agency that gathers information about local buissnes
Term
Child's protection and Toy safety Act of 1966
Definition
an act that bans the sale of toys and children's articles containing hazardous substances
Term
HIPAA
Definition
an act of protection the privacy and use of medical records
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