Consumer Protection
• Describe the role of the Federal Trade Commission (FTC) and the major enforcement sanctions that it may use.
• Describe the role and workings of (1) the Consumer Product Safety Commission (CPSC) and (2) the Consumer Financial Protection Bureau (CFPB).
• Explain the principal provisions of the Magnuson-Moss Warranty Act and distinguish between a full and a limited warranty.
• Describe what information a creditor must provide a consumer before the consumer incurs the obligation.
• Outline the major remedies that are available to a creditor.
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