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Law Chapter 9

AB
adulterateddesignating a product that does not meet the minimum standards for purity and quaility set by the FDA
bait and switcha business practice of luring customers into the store and then redircting them to buy better more expensive items
caveat emptorlet the buyer beware
cease-and-desist orderan order requiring teh company to stop teh specified conduct
class actionslegal suits brought on behalf of large groups
confidence gamefradulent device whereby the victim is persuaded to trust the swindler with the victim's money or other valuables in hopes of a quick gain
consent ordervoluntary agreement to stop an illegal practice
consumera buyer of goods primarily intended for personal, family, or household use
corrective advertisingadvertising ordered by the FTC to correct
loss leaderselected items sold at a loss to attract customers to buy costlier goods
lotterygamble involving a payment to play, a winner determined by luck, and a prize to some participants
restitutionrestoring or making good a loss; repayment of money illegally obtained
unfair trade practicedishonest or illegal method of business competition


Bay City Central High School
Bay City, MI

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