Consumer Protection Quizzes, Questions & Answers

Top Trending Quizzes

This quiz, titled 'Copy of Washington Regulation Quiz', assesses knowledge on the Fair Credit Reporting Act (FCRA), focusing on its purpose, types of reports, and liabilities for violations. It is designed to enhance...

Questions: 491 | Attempts: 30 | Last updated: Jun 7, 2024

Sample Question
What is the Fair Credit Reporting Act Purpose?

A. Establishes Procedures that consumer-reporting agencies must follow in order to ensure that records are confidential, accurate, relevant and properly used.

B. Protects consumers against the circulation of inaccurate/obsolete personal/financial information.

C. Protects against discrimination

D. Both A and B are correct.

Washington Life And Disability Insurance Quiz

This Washington Life and Disability Insurance Quiz assesses understanding of the Fair Credit Reporting Act, focusing on consumer rights, reporting accuracy, and legal liabilities. It is essential for professionals dealing with...

Questions: 743 | Attempts: 274 | Last updated: Jan 30, 2023

Sample Question
What is the Fair Credit Reporting Act Purpose?

A. Establishes Procedures that consumer-reporting agencies must follow in order to ensure that records are confidential, accurate, relevant and properly used.

B. Protects consumers against the circulation of inaccurate/obsolete personal/financial information.

C. Protects against discrimination

D. Both A and B are correct.

Do You Know About Fair Credit Reporting Act? Trivia Quiz

Explore your knowledge about the Fair Credit Reporting Act (FCRA) with this trivia quiz. Understand the importance of accurate credit reporting, the definition of consumer reports, and the role of consumer reporting agencies....

Questions: 10 | Attempts: 835 | Last updated: Mar 22, 2023

Sample Question
The banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports:

Are a normal occurrence.

Allow for the continued functioning of the banking system.

Impair the efficiency of the banking system.

None of the above.

Udaap Final Quiz

Final quiz to determine what you have learned about UDAAP.

Questions: 10 | Attempts: 529 | Last updated: Mar 21, 2023

Sample Question
Which of the following would NOT be used to consider if an act or practice is unfair?

It causes substantial injury

It is not outweighed by the benefits

It hurts someone's feelings

It is not reasonably avoidable

Consumer Rights: Protection Laws Quiz!

Consumer Rights are a set of laws made to ensure a clean approach to information and detail about various goods and services in consideration of fair trade. Many countries have their own set of rules but most of them share some...

Questions: 10 | Attempts: 251 | Last updated: Mar 20, 2023

Sample Question
The FTC may require the advertiser to something where the firm must retract in future ads and advertise anew, giving information to correct the earlier misinformation. (AKA –corrective advertising).

FTC

Defensive Advertising

Brand Name Loyalty

Counter Advertising

Recent Quizzes

The Customer Quiz

This quiz is to test your ability to distinguish a consumer from a customer as per the provisions of the consumer protection act 1986. Customers can be classified as consumers and clients depending on the purpose for which the...

Questions: 5 | Attempts: 7601 | Last updated: May 5, 2023

Sample Question
Your father bought life insurance and placed you as the nominee. Due to an unfortunate incident he passed away, entitling you to claim insurance. When you approached the insurance company, they deny you the insurance based on a technical error that they claim that your father made. Since your father bought the insurance and paid the premiums himself and you are only a nominee of the insurance claim, can you approach the consumer court as a wronged consumer?

Yes, you are a consumer in this case.

No, you are not a consumer in this case.

Consumer Vs. Customer

Consumer vs. Customer

Questions: 5 | Attempts: 996 | Last updated: Mar 22, 2023

Sample Question
Your father bought life insurance and placed you as the nominee. Due to an unfortunate incident he passed away, entitling you to claim insurance. When you approached the insurance company, they deny you the insurance based on a technical error that they claim that your father made. Since your father bought the insurance and paid the premiums himself and you are only a nominee of the insurance claim, can you approach the consumer court as a wronged consumer?

Yes, you are a consumer in this case.

No, you are not a consumer in this case.