When the FTC Finds That Simply Stopping a Particular Practice

question 52

Short Answer

When the FTC finds that simply stopping a particular practice does not repair damage to consumers, it can require a firm to "dissipate the effects of that deception" by running ________.

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Definitions:

Fair Credit Reporting Act

A U.S. federal law designed to regulate the collection, dissemination, and use of consumer information, including consumer credit information.

Disclosure Duties

Legal obligations to reveal pertinent information during transactions or legal proceedings.

Users Of Credit Reports

Individuals or entities that access and use credit reports for decision-making purposes, such as lenders or employers.

Truth In Lending Act

A U.S. federal law designed to promote informed use of consumer credit by requiring clear disclosure of terms and conditions of lending agreements.