QUESTIONS AND CORRECT ANSWERS
◉ What will help get the red stain out of a cashmere shirt? Answer:
Alkaline
◉ Fat measuring method Answer: Electrical current
◉ Intangible Resources Answer: Cannot be touched - integrity,
confidence, literacy
◉ Human Resources Answer: Skills, talents, and abilities that people
possess
◉ Tangible Resources Answer: Real, touchable, concrete, able to
appraised - jewelry, land, houses
◉ Material Resources Answer: - Fertile soil, petroleum, minerals, rivers
- and man-made resources (buildings, money, equipment, computers)
◉ Bait and Switch - illegal Answer: Goal to get you to buy higher priced
items
◉ Sins of Omissions - legal Answer: Not telling everything
, ◉ Puffery Answer: Distort the meaning of something. "going out of
business","sale"
◉ Federal Trade Commission - FTC Answer: Antitrust legislation,
false/misleading ads, packing and labeling of non-food items,
warranties.
◉ Food and Drug Administration - FDA Answer: Responsible for purity
and safety of foods, drugs, cosmetics.
◉ What agency is in charge of cereal boxes stating they are "high in
Fiber"? Answer: Food and Drug Administration
◉ United States Department of Agriculture Answer: Inspects and grades
meat poultry and fish, sources of information on spending the food
dollar.
◉ Consumer Product Safety Commission Answer: Regulates the
production and sale of products that are potentially hazardous, sets
safety standards, can ban products that are deemed hazardous to
consumers, can seize products from the market.
◉ Pervious balance - Worst Answer: Interest is applied to total amount
of bill