Objectives
Students will:
- Identify functions of financial institutions.
- Explain the functions and purpose of Consumer Financial Protection Bureau, Consumer Product Safety Commission, Federal Trade Commission, Food and Drug Administration, and National Highway Traffic Safety Administration.
- Identify criteria to evaluate financial service providers.
Skills Needed
Students must be able to:
- Explain a Chapter 7 and a Chapter 13 bankruptcy.
- Explain the rights that consumers are entitled to as listed in the Consumer Bill of Rights.
- Explain the differences between consumer rights and consumer responsibility.
