LAW/531-- 20 question assessment

· Fair Credit and Charge Card Disclosure

· Equal Credit Opportunity

· Fair Debt Collection Practices

· Fair Credit Reporting

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· The false claim is likely to produce economic injury.

· The false claim is made about a product or service.

· The false claim is likely to deceive a buyer.

· The false claim does not affect the purchasing decision.

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· to encourage productive and enjoyable harmony between humans and their environment

· to enrich understanding of ecological systems and natural resources

· to conserve energy and endangered animals

· to prevent damage to the environment and biosphere

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· hyperbole about the nature or quality of a product

· descriptions of a product

· oral and written representations of a product

· representative samples and models of a product

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· It conducts premarket safety assessments for new drugs.

· It aims to prevent adulterated food from entering the marketplace.

· It inspects manufacturing facilities to check for adulteration.

· It tests all drugs for safety and efficacy.

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· title

· lien

· infringement

· implied warranty

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· product dependability

· merchantability

· fitness for a particular purpose

· title

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· It is presided over by three commissioners who are appointed by the president.

· It operates a hotline and a website where consumers may report dangerous products.

· It is an independent agency that does not operate under any other department of the federal government.

· It may issue recalls for dangerous products, but it may not ban dangerous products that are in the marketplace.

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· negative effects to the environment from the proposed action

· a supportive petition of signatures proportional to the area’s population

· a consideration of less adverse alternatives

· a cost-benefit analysis of the project

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· $1 million

· $5 million

· $20 million

· $10 million

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· stabilizing the economy

· addressing fraud-related issues in investment banking and accounting

· increasing transparency and accountability

· halting "too big to fail" bailouts

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· It regulates the terms of adviser compensation.

· It defines what constitutes an investment company.

· It restricts some types of securities trading.

· Its primary purpose is to address conflicts of interest that arise in the operation of investment opportunities.

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· It regulates the terms of management of client assets.

· It contains a general antifraud provision.

· It imposes a duty on advisers to act in the best interest of their clients at all times.

· It requires all investment companies to register with the SEC.

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· To increase corporate responsibility

· To address fraud-related issues in accounting and investment banking

· To increase accountability of investment advisers

· To increase disclosure requirements

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· It requires registration from securities issued by federal, state, and local governments.

· It was enacted after the 1929 stock market crash, when many people thought unregulated securities trading was the cause of the crisis.

· It requires issuers of securities who make offers to the public to register with the SEC.

· Its aim is to deter fraud by regulating the way that securities are offered to the public.

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· interdepartmental

· nonpublic

· insider

· private

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· copying state regulations and enforcing them on a federal level

· prosecuting violations of regulations

· monitoring the activities of advisers and brokers

· instituting regulations

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· limited

· statutorily defined

· special interest

· express

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· Stocks are always securities.

· Bonds and investment contracts are examples of securities.

· Securities involve pooled assets and shared profits.

· Classification of securities hinges on an evaluation of the investor's role in the investment.

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· report major business developments as they occur

· file annual and quarterly financial reports

· report all major changes in personnel

· report the shares of company stock that they hold

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