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
Definition
Act requiring that foods be safe, pure, and wholesome
Term
Fair Packaging and Labeling Act of 1966
Definition
An act the requires product labels to contain accurate names, quantities, and weights
Term
National Traffic and Moter Vehicle Safety Act of 1966
Definition
Act the 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 labeles
Term
FERPA
Definition
an act protecting the privacy and use of student records
Term
Kefauver-Harris Drug Amendment of 1962
Definition
An act requiring drug manufacturers to file notices of new drugs with the FDA
Term
Flammable Fabrics Act of 1953
Definition
A 1953 act that set flammability standards for clothing, shildren's sleepwear, carpets, rugs, and mattresses
Term
Agricultural Marketing Service
Definition
The agency of the Department of Agriculture that inspects food to ensure wholesomeness and truthful labeling
Term
national Institue of Standards and Technology
Definition
Through the Department of commerce, this agency sets measurement, product, 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 Comission
Definition
The agency concerned with protecting consumers from unfair methods of competition
Term
Securities and Exchange Comission
Definition
A government agency whose main purpose is to protect investors
Term
Better Business Bureau
Definition
A state and local, non-governmental agency that gathers information about local businesses
Term
Child Protection and Toy Safety Act of 1966
Definition
An act that bans the sale of toys and children's articles containing hazardous substances
Term
HIPPA
Definition
An act protecting the privacy and use of medical records
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