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Section 5
A provision of the Federal Trade Commission Act that prohibits unfair or deceptive acts in commerce.
1933 Act
The Securities Act of 1933, a U.S. federal law regulating the securities industry, focusing on the offer and sale of securities, emphasizing transparency and fairness.
Illegal Offer
A proposal to enter into an agreement that is against the law and therefore unenforceable.
Rescission
The legal act of canceling, revoking, or terminating a contract, returning all parties to their original positions prior to the contract.
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