REGULATIONS EXAM SCRIPT 2026 FULL
QUESTIONS WITH CORRECT ANSWERS
GRADED A+
◉ COMMISSIONER or DIRECTOR. Answer: The Commissioner of
the Department of Labor, Licensing and Consumer Affairs.
◉ CONSUMER. Answer: An individual who buys or leases or agrees to
buy or lease consumer goods or services or credit, including a co-
guarantor or surety.
◉ CONSUMER GOODS, SERVICES, CREDIT AND DEBTS. Answer:
Those which are primarily for personal, household or family purposes.
◉ CONTRACT. Answer: An oral or written agreement contained in one
or more documents for the performance of work and includes all labor,
goods and services.
◉ DECEPTIVE TRADE PRACTICES. Answer: Any false, falsely
disparaging or misleading oral or written statement, visual description,
or other representation of any kind, which has the capacity, tendency or
effect of deceiving or misleading consumers or the consuming public
, and is made in connection with a contract, preparation of or performance
of a work estimate or invoice, in the extension of consumer credit, or in
the collection of consumer debts.
◉ A. Representations that:. Answer: (1) Goods or services have
sponsorship, approval, accessories, characteristics, uses, benefits, or
quantities that they do not have.
◉ The use, in any oral or written representation, of exaggeration,
innuendo or ambiguity as to a material fact.. Answer:
◉ C. Failure to state a material fact. Answer: if such failure deceived or
tends to deceive.
◉ D. Disparaging the goods, services, or business of another. Answer:
by false or misleading representations of material facts.
◉ E. Offering goods or services. Answer: without intent to sell them.
◉ F. Offering goods or services. Answer: without intent to supply
reasonably expectable public demand unless the offer disclosed the
limitation.
◉ G. Making false or misleading representations of facts. Answer:
concerning the reason for, existence of or amounts of price reductions,