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Consumer Law News
Nancy Nord Becomes Acting Chairman Of CPSC
WASHINGTON, D.C. – Effective today, Nancy Nord assumes the position of Acting Chairman of the U.S. Consumer Product Safety Commission (CPSC).
Ms. Nord was appointed by President George W. Bush to be a Commissioner at CPSC and was sworn into office on May 5, 2005. Her term as Commissioner expires in October 2012.
Before coming to the CPSC, Ms. Nord held a number of legal positions both in the federal government and the private sector. A native of South Dakota, she holds a bachelor’s degree from the University of Nebraska and a law degree from the George Washington University in Washington, D.C.
Ms. Nord stated, “I look forward to continuing my open door policy by hearing from and working with all of our agency stakeholders in order to effectively and efficiently carry out the important work of the Commission.”
Definition:
A lease in which you are not responsible for the difference if the actual value of the item at the scheduled end of the lease is less than the residual value, but you may be responsible for excess wear-and-use charges and for other lease requirements.
Fake Check Scams
Definition:
Fake check scammers hunt for victims. They scan newspaper and online advertisements for people listing items for sale, and check postings on online job sites from people seeking employment. They place their own ads with phone numbers or email addresses for people to contact them.
SLAMMING
Definition:
The term used to describe what occurs when a customer’s long distance service is switched from one long distance company to another without the customer’s permission. Such unauthorized switching violates FCC rules.
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