Question

Match each agency or law with the scenario in which it would be involved.

A) fair credit reporting act
B) federal trade commission
C) food and drug administration


1) Sally learned that the drinking water she bought from the store contained contaminants.
2) Stuart realized that the new speakers he bought had a much lower output than what was indicated on the box.
3) Meredith called the credit reporting agency to dispute inaccurate information on her credit report.

Answer 1

The respective agencies or laws involved in the scenarios are the FDA for contaminated drinking water, the FTC for mislabeled product performance, and the FCRA for disputing credit report inaccuracies.

Step-by-step explanation:

Agencies and laws are designed to protect consumers and ensure the accuracy of information and the safety of products in the market. In the scenarios provided, the respective agencies and laws that would be involved are as follows:

• Scenario 1, where Sally learned that the drinking water she bought from the store contained contaminants, would involve the Food and Drug Administration (FDA). The FDA is responsible for protecting public health by ensuring the safety and security of our nation's food supply, medications, and other substances consumed by Americans.
• Scenario 2, Stuart realized that the new speakers he bought had a much lower output than what was indicated on the box, and would involve the Federal Trade Commission (FTC). The FTC deals with issues that affect the economic life of every American by preventing unfair business practices and protecting consumers from fraud.
• Scenario 3, Meredith called the credit reporting agency to dispute inaccurate information on her credit report, which would involve the Fair Credit Reporting Act (FCRA). The FCRA promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies.