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BL 15-1

Business Law

A classification for products that do not meet the FDA's standards for purity and quality Adulterated
An individual who acquires goods Consumer
Any method of business that is dishonest or fraudlent or that illegally limits free competition Unfair Trade Practices
A voluntary, court-enforceable agreement to stop an illegal or questionable practice Consent Order
A phrase that means "let the buyer beware" Caveat Emptor
The return of wrongfully obtained money to a customer Restitution
The practice of luring customers to a store by advertising low-priced items that are understocked Bait and Switch
A court action that allows one or several persons to sue o behalf of others Class Action Act
An untrue claim of quality or effectiveness False and Misleading Advertising
An order that requires a company to stop a certain conduct Cease and desist order
Created by: deshanelson