Which of the Following Is NOT a Remedy Available to the FTC

question 12

Multiple Choice

Which of the following is NOT a remedy available to the FTC for FTC Act violations?

• A) Criminal penalties.
• B) Cease and desist orders.
• C) Corrective advertising.
• D) Civil penalties.
• E) All of the above are available.

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Definitions:

GIC

Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period of time, usually with higher interest rates for longer terms.

Rising Rate

An increasing trend in interest or inflation rates over a certain period.

Maturity Value

The amount to be paid to the holder of a financial instrument at the end of its term, including the principal and any accumulated interest or dividends.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal twice a year.