The FTC Test for Unfairness Does Not Include Which of the Following

question 27

Multiple Choice

The FTC test for unfairness does not include which of the following elements, as applied to business practice?

• A) it causes substantial harm to consumers
• B) consumers cannot reasonably avoid the injury
• C) consumers cannot sue the business because the losses per person are too small
• D) the injury is harmful in its net effects
• E) all of the other choices are required elements

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Definitions:

Cognitive Dissonance

A psychological phenomenon in which an individual experiences discomfort or distress from holding two or more contradictory beliefs, ideas, or values at the same time.

Opinions

Personal views, beliefs, or judgments that may not be based on fact or knowledge.

Weak Threat

A threat perceived as having little or no power to inflict harm or consequences, often resulting in minimal behavioral change.

Cognitive Dissonance

The psychological unease felt by someone who simultaneously harbors conflicting beliefs, ideas, or values.