Shared Flashcard Set

Details

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

Additional Finance Flashcards

 


 

Cards

Term
Food, Drug, and Cosmetics Act of 1938
Definition
Act requiring that food 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 establshed national safety standards for automobiles and tires
Term
Hazardous Substance Labeling Act of 1960
Definition
Law that requires warning labels appear on all household products that are potentially hazardous to the consumer.
Term
Permanent Care Labeling Rule of 1972
Definition
This act requires that clothing and fabrics be permanently labeled.
Term
FERPA
Definition
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
Act that set flammability standards for clothing, childrens sleepwear, carpets, rugs, and matresses.
Term
Agricultural Marketing Service
Definition
Agency of the department of agriculture that inspects food to ensure wholesomeness and truthful labeling.
Term
National institute os Standards and Technology
Definition
Through the department of commerce, this agency sets measurements, product, and safety standards.
Term
Food and Drug Adminisrtation
Definition
The agency charged with enforcing laws preventing distribution of mislabeled foods, drugs, cosmetics, and medical
Term
FCC
Definition
The agency that regulates radio and television broadcasting.
Term
Federal Trade Commission
Definition
Agency concerned with proecting consumers from unfair methods of competition.
Term
Securities and Exchange commission
Definition
Goverment agency whose main purpose is to protect investors
Term
Better Buisness Bureau
Definition
A state and local non-goverment agenct that gathers information about local buisnesses.
Term
Child Protection and toy safety act of 1966
Definition
an act that bans the sale of toys and childrens articles containing hazardous substances.
Term
HIPAA
Definition
An act protecting the privacy and use of medical records
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