Question: 1 . Provide a statute mentioned in the textbook that regulates each of the following areas of consumer law and provide a brief ( 1

1. Provide a statute mentioned in the textbook that regulates each of the following areas of consumer law and provide a brief (1-2 sentences) description of the purpose of the act that you list:
Advertising
Labeling and Packaging
Sales
Credit Protection
Product Safety
Food and Drugs
2.Please discuss whether the following advertisement would be considered deceptive by the Federal Trade Commission (FTC) under the Federal Trade Commission Act. You do not have to use IRAC, but you might find it helpful.
A beer manufacturer, Bud Light, manufactures and sells a variety of alcoholic beverages, including their light beer named "Bud Light", which contains fewer calories than their regular beer, "Budweiser." In addition, they manufacture "Bud Light Lime-A-Rita." The Lime-A-Rita beverages were advertised as "Margaritas with a Twist," and contain fewer calories than traditional tequila margaritas.
Bud Light is sued under the Federal Trade Commission Act. The Plaintiff argues that the world "light" is misleading and deceptive because the drinks contain more calories than light beer.
How is the court likely to rule and why?
3.Please list the 4 categories of potentially responsible parties under CERCLA.
4.Explain what a landowner must show in order to qualify for the innocent landowner defense under CERCLA.
5.Explain two ways that Sections 1 and 2 of the Sherman Antitrust Act are similar and 2 ways that they are they different?
6.Define and explain the similarities and differences between horizontal restraints on trade and vertical restraints on trade.
7.What 4 factors do courts consider when analyzing an alleged Section 1 violation of the Sherman Act under the rule of reason?
8.Define what a resale price maintenance agreement does, and then discuss how these can benefit consumers.
9.How are relevant product markets and relevant geographic markets similar and how are they different? Make sure to define these terms.
10.Define price discrimination, then list 3 defenses to price discrimination charges that are discussed in your textbook.
11. What are the four factors considered when analyzing a horizontal merger?

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