The "Mail Order Rule" States That If a Company

question 283

Multiple Choice

The "Mail Order Rule" states that if a company:

• A) buys products through the mail it must use the U.S. Postal Service, and not a private courier system
• B) buys products through the mail from a foreign country, it must register with the FTC
• C) sells products through the mail it must ship the product within 14 business days
• D) sells products through the mail is must provide toll-free 800 phone numbers for its customers to use so that they do not spend additional money placing an order
• E) none of the other choices are correct

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Definitions:

Credit CARD Act

A US federal law enacted in 2009 aimed at reducing abusive practices in the credit card industry, enhancing consumer protections.

Federal Reserve Board

Governs the Federal Reserve System, the central banking system of the United States, and oversees the nation's money supply and banking industry.