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Ch 23: ORELA Business Education: Product Liability & Consumer Protection

About This Chapter

Enhance your studies for the ORELA Business Education assessment by reviewing comprehensive video lessons. Refresh your knowledge of product liability and consumer protection, then test it with self-assessment quizzes.

ORELA Business Education: Product Liability & Consumer Protection - Chapter Summary

This chapter provides you with the in-depth look a product liability and consumer protection you need to confidently answer questions on the ORELA Business Education assessment. After reviewing the lessons, you will be prepared for:

  • Providing the meaning, laws and rights of consumer protection
  • Discussing defective products liability
  • Explaining the meaning and laws associated with product liability
  • Describing the laws and services of credit protection
  • Sharing the rights and laws of privacy protection
  • Detailing the methods, elements and laws of unfair competition

The lessons are flexible, allowing you to watch them in any sequence and as often as needed. Instructors present the materials in a fun and engaging manner, yet still provide you with the information needed to succeed on the exam.

ORELA Business Education: Product Liability & Consumer Protection Chapter Objectives

This chapter on product liability and consumer protection covers topics you will find in the business management, law and ethics content domain of the ORELA Business assessment. This content domain is one of five and constitutes about 19% of the total test. Make preparing for this portion of the test easy by reviewing the lessons in this chapter in their video or transcript formats. You can gauge your comprehension by taking short quizzes and a chapter exam.

The ORELA assessment ensures educators are prepared to obtain licensure that enables them to teach business to students in Oregon. It consists of 150 multiple-choice questions, lasts three hours and is taken on a computer. Subject areas covered on the exam include business management, accounting, marketing, economics and business communication. To pass, you must earn a minimum score of 234.

6 Lessons in Chapter 23: ORELA Business Education: Product Liability & Consumer Protection
Test your knowledge with a 30-question chapter practice test
What Is Consumer Protection? - Product Liability, Laws & Rights

1. What Is Consumer Protection? - Product Liability, Laws & Rights

Consumer protection refers to the laws and other forms of government regulation designed to protect consumers. One form of consumer protection is product liability. This lesson explains consumer protection and product liability.

Defective Products Liability

2. Defective Products Liability

Businesses are held responsible when their products are defective. There are three types of possible product liability defects. This lesson explains the three possible types of defects for which businesses can be liable.

What Is Product Liability? - Definition & Laws

3. What Is Product Liability? - Definition & Laws

Businesses are held responsible when their products are defective, known as product liability. Liability can be based on one or more of three theories: Breach of warranty, negligence, and strict liability. This lesson explains these three theories.

What Is Credit Protection? - Laws & Services

4. What Is Credit Protection? - Laws & Services

Credit protection is a form of consumer protection that is designed to help preserve credit health for both individuals and businesses. This lesson discusses the laws and services involved in credit protection as well as the FTC's role.

What Is Privacy Protection? - Laws & Rights

5. What Is Privacy Protection? - Laws & Rights

Financial privacy protection is a form of consumer protection. It's designed to protect consumer information held by financial institutions. This lesson discusses financial privacy protection and the Gramm-Leach-Bliley Act.

Unfair Competition: Methods, Elements & Laws

6. Unfair Competition: Methods, Elements & Laws

Unfair competition refers to several different types of intentional torts that cause economic injury to another person's business. These torts are various forms of deceptive business practices. This lesson explains unfair competition.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the ORELA Business Education: Practice & Study Guide course

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