The Decision in FTC V

question 24

Multiple Choice

The decision in FTC v.Standard Education led the FTC to apply which standard liberally?

• A)The ignorant person standard
• B)The informed consumer standard
• C)The reasonable person standard
• D)The ignorant retailer standard

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Definitions:

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of humans.

Intimacy Versus Isolation

According to Erik Erikson, the central conflict or life crisis of early adulthood, in which a person develops an intimate relationship with a significant other or risks heading down a path toward social isolation.

Dual-Earner

Refers to households where both partners are employed and contribute financially.

Flexible Work

A work arrangement that allows for adjustments in work hours, locations, or duties, often to improve work-life balance.