LGS 200 Final Exam Questions and Answers | Latest 2026 Update
Q: do not call registry, $11,000 telemarketers must refrain from calling those
numbers on this
Answer:
list. it's violation is _
pure food and drugs act the first legislation regulation food and drugs was enacted in
1906
as _
food and drug administration (FDA) monitors all statutory requirements for food
standards
and advertising
consumer product safety commission (CPSC) act that created the first comprehensive
scheme of regulation over matter concerning consumer safety also established _
truth-in-lending act a key statute regulating the credit and credit-card industries
equal credit opportunity act (ECOA) prohibits the denial of credit solely on the basis
of race,
religion, national origin, color, gender, marital status, or age
, Q: fair credit reporting act (FCRA) enacted to protect consumers against inaccurate
credit
Answer:
reporting
fair debt collection practices act (FDCPA) enacted tin an attempt to curb what were
perceived to be abuses by collection agencies
joint tenancy with right of survivorship the right of a surviving joint tenant to inherit
a
deceased joint tenant's ownership interest
general warranty deed one signing deed takes full responsibility of the land
statutory warranty deed one signing deed takes responsibility for land only while
owned it
quitclaim deed a deed intended to pass any title, interest, or claim that the seller may
have
in the property but not warranting that such title is valid. this type of deed offers the
least
amount of protection against defects in the title
testae someone dies with a will
in testae someone dies without a will
adverse possession the acquisition of title to real property by occupying it openly,
without
the consent of the owner, for a period of time specific by a state statute. the
occupation must
be actual, open, notorious, exclusive, and in opposition to all others, including the
owner
grantor signs a deed
grantee receives a deed
Q: do not call registry, $11,000 telemarketers must refrain from calling those
numbers on this
Answer:
list. it's violation is _
pure food and drugs act the first legislation regulation food and drugs was enacted in
1906
as _
food and drug administration (FDA) monitors all statutory requirements for food
standards
and advertising
consumer product safety commission (CPSC) act that created the first comprehensive
scheme of regulation over matter concerning consumer safety also established _
truth-in-lending act a key statute regulating the credit and credit-card industries
equal credit opportunity act (ECOA) prohibits the denial of credit solely on the basis
of race,
religion, national origin, color, gender, marital status, or age
, Q: fair credit reporting act (FCRA) enacted to protect consumers against inaccurate
credit
Answer:
reporting
fair debt collection practices act (FDCPA) enacted tin an attempt to curb what were
perceived to be abuses by collection agencies
joint tenancy with right of survivorship the right of a surviving joint tenant to inherit
a
deceased joint tenant's ownership interest
general warranty deed one signing deed takes full responsibility of the land
statutory warranty deed one signing deed takes responsibility for land only while
owned it
quitclaim deed a deed intended to pass any title, interest, or claim that the seller may
have
in the property but not warranting that such title is valid. this type of deed offers the
least
amount of protection against defects in the title
testae someone dies with a will
in testae someone dies without a will
adverse possession the acquisition of title to real property by occupying it openly,
without
the consent of the owner, for a period of time specific by a state statute. the
occupation must
be actual, open, notorious, exclusive, and in opposition to all others, including the
owner
grantor signs a deed
grantee receives a deed