1. Why is MacPherson v. Buick Motors an important case concerning consumer protection?
2. Explain "due care" and "strict product liability."
3. Why is the 1972 Consumer Safety Act important?
4. Define "legal paternalism."
5. Being that as offering product safety either you regulate yourself or somebody else does, do you think self-regulation is better than government regulation? Explain.
6.Regarding the responsibility of business, go over the 6-point suggestion on pa. 302-303
7. Explain the following: (a) "manipulative pricing" (b) price fixing, (c) price gouging,
8. As we know, business ads can be deceptive. Give examples of the following: (a) concealment of facts, (b) exaggeration, (c) psychological appeals.
9. Should ads be directed at children? Which brings the next question, are children "consumers"?
