Flashcards - Product Liability and Consumer Protection

Flashcards - Product Liability and Consumer Protection
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Consumer protection
Consumer protection is a group of laws and organizations designed to ensure the rights of consumers as well as fair trade, competition and accurate information in the marketplace
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negligence
Negligence is a failure to exercise the care that a reasonably prudent person would exercise in like circumstances
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5 cards in set
Front
Back
negligence
Negligence is a failure to exercise the care that a reasonably prudent person would exercise in like circumstances
Consumer protection
Consumer protection is a group of laws and organizations designed to ensure the rights of consumers as well as fair trade, competition and accurate information in the marketplace
strict liability
In law, strict liability is a standard for liability which may exist in either a criminal or civil context
credit score
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of the person
Federal Trade Commission
The Federal Trade Commission is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act

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