Answer the following statement(s) true (T) or false (F)
1. The establishment of new laws and consumer affairs initiatives ensured the elimination of unfair pricing practices.
2. A 1987 replication of the famous 1941 Reader’s Digest survey of auto repair shops found that repair fraud had significantly decreased.
3. High rates of fraudulent repairs have not been found in all studies of auto repair shops.
4. High rates of unnecessary repairs have been found in investigations of television, typewriter, and watch repair shops.
5. Because they are highly regulated, there is little opportunity to overcharge for prescription drugs.
1. FALSE
2. FALSE
3. TRUE
4. TRUE
5. FALSE
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