MNGT 482: Exam 2 Practice Questions
and Answers
The Latin phrase, caveat emptor, means:
a. let the seller beware
b. let the buyer beware
c. let the government beware
d. all of the above - Ans:-b. let the buyer beware
Consumers have become more dependent on businesses for product quality beca...
The consumer's right to privacy assures that information disclosed in the course of a commercial
transaction is not shared with others unless authorized
a. true
b. false - Ans:✔✔-a. true
Which of the following statements is true about the organization Consumer Reports?
a. it is supported by the Federal Government (ex. receives funding)
b. it conducts tests on consumer products/services and publishes results in its magazine
c. it's involved in promoting the interest of buyers and sellers
d. all of the above - Ans:✔✔-b. it conducts tests on consumer products/services and publishes results in
its magazine
Which of the following is/are a right(s) of consumers?
a. the right to safety
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