Which of the Following Gave the FTC the Authority to Provide

question 77

Multiple Choice

Which of the following gave the FTC the authority to provide consumers methods for seeking redress or restitution for deceptive marketing practices?

• A)Federal Trade Commission Act
• B)Telemarketing and Consumer Fraud Act and Abuse Protection Act
• C)Magnuson-Moss Warranty/FTC Improvement Act
• D)Wheeler-Lea Amendment
• E)1980 Supreme Court ruling on Central Hudson Gas and Electric v.Public Service Commission of New York

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Definitions:

Philanthropist

An individual who seeks to promote the welfare of others, especially by donating large sums of money to charitable causes.

Public School

An educational institution that is funded and operated by the government, offering free education to students.

Highly Profitable

Describes businesses or investments that generate earnings substantially above the average, relative to their size or compared to their industry peers.

New Venture Creation

The process of developing, planning, and launching a new business enterprise.