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11: Review Your Knowledge
Describe the Consumers Bill of Rights.
Explain what it means to have the consumer right to safety.
Describe a consumer's responsibility to the satisfaction of his or her basic needs.
What is the purpose of consumer protection laws?
How does the Federal Trade Commission (FTC) ensure that markets are open and free?
What are some of the warning signs of a pyramid scheme?
List some of the precautions a consumer should take before entering a sweepstakes, lottery, or skill contest.
Summarize how to make a successful complaint to a company.
What options are available to consumers who cannot afford legal services?
Describe the role of consumer advocates.
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