Shared Flashcard Set

Details

Chaper 29
super awesome flash cards about 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, pure, and wholesome.
Term
Fair packaging and labeling act of 1966
Definition
An act that requires product labels to contain accurate names, quantities and weights
Term
National traffic and motor vehicle safety act of 1966
Definition
Act that established national safety standards for automobiles and tires
Term
Hazardous substance labeling act of 1960
Definition
law that requires that warning labels appear on all household products that are otentially dangerous to consumers
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 privacy and use of student records.
Term
Kefauver-Harris Drug ammendment 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, childrenssleepwear,carpets, and rugs
Term
Agricultural marketing service
Definition
The agency of the department of agriculture that inspects food to ensure wholesomeness and truthful labeling
Term
National institute 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 precventing 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 protecting consumers from unfair methods of competition
Term
securities and exchange commission
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 tot 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 protecting the privacy and use of medical records
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