Product Safety
Maintains a high level of consumer protection
What is a safe product?
Not showing costs behind products
What is Confidentiallity?
Giving consumers correct and relevant information.
What is Full Disclosure?
A financial statement that includes: assets, liabilities, and owner's equity
What is a balance sheet?
Product's typical or reasonable foreseeable use.
What is intentional Use?
Act that regulates and controls competition.
What is the Competition Act?
Deception of consumers for personal or financial gain
What is an income statement?
Prohibition against risks to Canadians
What is Canada Consumer Product Safety Act?
Personal Gain resulting in Economic Success for all
What is the Invisible Hand?
General increase in prices.
What is Inflation?
Biggest video game company in the world
What is Tencent?
The 3 key points of the Canada Consumer Act.
What is General Prohibition, Packaging and Labeling, and Information on Product Safety?
Monopolies are able to raise prices with no competitors.
Why does the government regulate Monopolies?
Volkswagen lied about?
What is pollution/emission?
It's in the game!
What is EA Sport?
A program that does accident reports, and risk assessments after a product is found unsafe.
What is Compliance Program
Valueing expensive items over their cheaper counterparts
What is the marketing placebo effect?
Trading stocks through confidential information
What is insider trading?
Third (super secret) financial statement
What is a Cash flow statement?