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BMGT 1341 Exam 4 2025 Questions and Answers A prime social responsibility of business is to safeguard consumers: ....ANSWER ...-While continuing to supply them with goods and services they want. A goal of the consumer movement is to make consumer power: - ....ANSWER ...- An effective counterbalance to the rights and powers of firms that sell goods and services. The act that requires lenders to inform borrowers of the annual rate of interest to be charged, plus related fees and services charges is called: - ....ANSWER ...-The Truth in Lending Act In the United States, which of the following agencies enforces the laws prohibiting descriptive advertising - ....ANSWER ...-Federal Trade Commission The law requiring that toys an infant products be tested before sale is called the: ....ANSWER ...-Consumer Product Safety Improvement Act Manufactures making false or misleading claims about a competitor's product is: ....ANSWER ...-Illegal and unethical The main responsibility of the National Highway Traffic Safety Administration is to: ....ANSWER ...-Set motor vehicle safety standards …FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 1