The Federal Trade Commission (FTC) has many regulatory powers that govern the action of persons and corporations. Name and briefly describe four of the powers of the FTC.
What will be an ideal response?
Six powers of the FTC are described in Exhibit 4.6, and students can discuss any four:
CEASE-AND-DESIST ORDER: A final order to cease an illegal practice.
CONSENT DECREE: Business consents to stop the questionable practice without admitting illegality.
AFFIRMATIVE DISCLOSURE: Requires the advertiser to provide additional information about products in its advertisements.
CORRECTIVE ADVERTISING: Requires advertising to correct the past effects of misleading advertising.
RESTITUTION: Requires refunds to consumers misled by deceptive advertising.
COUNTERADVERTISING: The Federal Communications Commission (FCC) permits advertisements in broadcast media to counteract advertising claims, plus a provision for free time under certain conditions.
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A) fragment B) run-on C) comma splice D) correct sentence
A lessons-learned analysis falls under the project closeout management element of:
A) Heviewing how it all went. B) handing over the product. C) Finishing the work. D) Putting it all to bed.
Bonnie made the final payment to Big Bank on the 30-year mortgage loan she had on her home. Shortly thereafter Big Bank, to prove that the mortgage has been paid, filed a satisfaction of a mortgage with ________.
A. the secretary of state's office B. the county recorder's office C. the U.S. Department of Housing and Urban Development D. the U.S. Bankruptcy Court
In Europe, auto manufacturers are required by law to allow owners of their brands to give the cars back to the manufacturers at the end of their useful life. The manufacturers must then recycle and reuse at least 85 percent of any vehicle made after 2004. This is an example of a(n)
A. vertical law. B. "take back" law. C. contractual law. D. integration law. E. horizontal law.