Which of the following statements is true of self-regulation of advertising?
A. Self-regulation of advertising has led to the development of more lenient standards and practices than those imposed by the legislation.
B. Self-regulation of advertising is typically restricted to liquor and tobacco advertisements.
C. Self-regulation was initially introduced to eliminate the problem of puffery.
D. The advertising industry prefers government intervention over self-regulation.
E. The advertising industry views self-regulation as an effective mechanism for controlling advertising abuses.
Answer: E
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