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- 1a. In what areas of business are there consumer protection statutes? 1b. Explain the regulation of advertising. What are the rules for product labeling? 1c. Describe the rights of consumers with respect to credit cards, payments, collection, credit reporting, extension, and credit standing. 1d.What is the Fair Credit Reporting Act?A Firm must know the laws of a country in which it wants to conduct business and it must understand how the laws are reinforced. Is this statement true or false? Question 1 options: a) True b) FalseJohnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…
- Johnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…Johnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…Johnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…
- Johnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…Johnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…Johnson and JohnsonThe company introduced various product safety, ingredient safety and product quality and safetymeasures to prevent the repetition of such an event. These measures are indicated in the sectionsthat follow:Product SafetyAs far as product safety is concerned, J&J ensures that every product that the company sells mustmeet their high standards of quality, safety and efficacy. Safety professionals at J&J companiesconduct through safety assessments as part of the detailed testing of quality, safety and effectivenessbefore any new product is introduced to the market. These professionals make assessments of eachraw material, to identify safe and effective ingredients, and the finished product, to ensure it worksthe way that it is intended to work. J&J also assesses their products after they have reached theirmarket in order to identify any safety issue that may occur.Ingredient safetyThe J&J companies buy and manufacture an array of raw materials, active…
- A sponsored licensee owns one-quarter of an investment property. The four owners want to sell the property, but the other three do not want the licensee to mention their licensee to buyers. In Illinois, which of the following is true? A. Because the licensee owns only a quarter, no disclosure is necessary B. If they list the property with the licensee’s sponsoring broker, no disclosure is necessary C. If they list the property with a different broker, no disclosure is necessary D. Disclosure of the license is requiredwhich of the following is appropriate for a licensee to make when talking to a seller concerning fees? A) The commission rate is independently established based on the cost and is negotiable. B) The real estate board has a rule requiring a set commission rate C) I must charge you a set rate because all brockers charge that rate in this area. D) The standard fee for a resale is 6%On the law books, there are fines, although small, that speaks to the improper disposal of business waste to prevent ill-health issues in the environment and to its citizens. There is no law that speaks to the individual waste disposal. Based on this, would you conclude that Select one: a. What is legal is ethical b. What is ethical is illegal c. laws are not necessary for waste disposal d. all of the above