A | B |
bait and switch | a practice of advertising a bargain but only having expensive alternative |
competition | contest among sellers to win customers |
CPSC | agency that protects consumers from dangerous products |
EPA | agency that enforces laws that protect the environment |
FTC | responsible for protecting consumers from unfair or deceptive practices |
fraud | deliberate deception, designed to secure unfair or unlawful gain |
loss leader | an item priced below cost to attract you to the store |
monopoly | a company which has an unfair advantage |
pyramid scheme | type of financial fraud when people pay to join to exchange selling rights |
redress | to seek and receive a remedy to the problem |
small claims court | handles disputes involving smaller dollar amounts with no lawyers |