The FTC Now Follows the "Modified" Ignorant Consumer Standard and Protects

question 9

True/False

The FTC now follows the "modified" ignorant consumer standard and protects only those cases of foolishness that are committed by significant numbers of people.

---

Definitions:

High Risk

Situations, activities, or conditions that have a significant chance of leading to a negative or undesirable outcome.

Suicide

The act of voluntarily ending one's own life.

Drug Study

Research conducted to assess the safety and efficacy of medications or treatments in preventing, diagnosing, or managing specific diseases or conditions.

Final Testing Phase

The last stage in a product or software development cycle where testing is conducted to ensure quality and functionality before formal release.