Laws Scams People in Wills Consumerism Bonus Questions
100
What is constitutional Law?
Laws dictating how we rule our country based on the constitution; interpreted by the judicial branch
100
What is a pyramid scheme?
Job offer with initial fee to get in and the job is to get others involved in the company
100
What is a beneficiary?
A person who derives advantage from something, especially a trust, will, or life insurance policy
100
What is the Food and Drug Administration's Mission?
To protect the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of our nation's food supply, cosmetics, and products that emit radiation.
100
What is marriage?
Legal union between two people becoming each others’ spouses
200
What is statutory Law?
Laws run by the state; are subject to change
200
What are grandparent scams?
Scams that target elderly claiming to be a relative in order to get money
200
What is a testator?
A person who has made a will or given a legacy
200
What is Better Business Bureau's Mission?
To be the leader in advancing marketplace trust
200
What is divorce?
Court action terminating a marriage
300
What is criminal Law?
Wrongs done to you by society; violence
300
What are investment scams?
Scams that convince people to invest money in something that doesn’t exist
300
What is an executor?
A person or institution appointed by a testator to carry out the terms of their will
300
What is purpose of the Consumer Product Safety Commission?
Protecting the public from unreasonable risks of serious injury or death from thousands of types of consumer products under the agency's jurisdiction.
300
What is the Federal Trade Commission?
An agency that protects consumers and competition by preventing anti competitive, deceptive, and unfair business practices
400
What is business law?
laws specific to business situations and transactions
400
What are lottery scams?
Con artist will tell you that you have won the lottery and must pay a down payment to receive your prize that doesn’t exist
400
What is a successor?
A person who takes an inventory of your assets, pays your final bills, sells assets as needed, has your final tax return prepared, and distributes your assets according to the instructions in your trust
400
What are the requirements in the Truth in Leading Act?
Creditors who deal with consumers to make certain written disclosures concerning finances
400
What is the Better Business Bureau?
A bureau whose mission is to be the leader in advancing marketplace trust by setting standards, educating consumers and businesses, and calling out bad marketplace behavior
500
What is Administrative Law?
Rules and regulations from an agency
500
What is Card skimming?
A scam in which someone will use a magnetic strip and swipe someone's credit card to steal their information.
500
What is a custodian?
The person named to manage property inherited by a minor
500
What is the Environmental Protection Agency?
To protect human health and the environment
500
What is a class action lawsuit?
A lawsuit in which a large group of individuals with something specific that they are suing together






Business Law Jeopardy Pt 2

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