| A | B |
|---|
| Caveat Emptor | Buyer Beware |
| Caveat Venditor | Seller Beware |
| Consumer | Someone who buys or leases goods, real estate or services for personal, family, or household purposes |
| Unfair and Deceptive Practice | An act that misleads consumers |
| Fradulent misrepresentation | Any statement that deceives the buyer |
| Cease and desist orders | Legally binding orders to stop a practice that would mislead the public |
| Bait and Switch | A store advertises bargains that do not really existto lure customers in the hopes that they will buy more expensive merchandise |
| Cooling- off rule | Gives you 3 business days to cancel contracts for most purchases made away from the seller's regular place of business. |
| Telemarketers | People who try to sell you products by telephone |
| Product liability law | Someone who is injured from a products unsafe or defective condition may recover damages. |
| Strict Liability | Makes manufacturers or sellers responsible for selling goods that are unreasonably dangerous even when the manufacturer or seller has not been negligent |
| adulterated | food or drug is one that contains any substance that will reduce its quality or strength below minimum standards. |
| intrastate sales | sales within a state |
| Better Business Bureau | Nongovernment agency that hears consumer complaints at the local and state levels |
