The lesson described in this article includes a number of overlapping learning goals. The first goal is to develop students' understanding of the complexities associated with the legal regulation of business in the United States. This case study is an excellent means of doing so, since it involves numerous interrelated legal issues. Real-world…

This article will argue that cost-benefit analysis persuasively demonstrates that truth-in-testing laws are socially and economically justified but often fall short of providing a comprehensive regulatory scheme adequate to correct the market dislocations generated by an unregulated testing industry. (Author)