The FTC

question 56

Multiple Choice

The FTC:

• A) and an advertiser can enter into a consent decree to force the advertiser to both stop the running of the advertisement and to publicly admit its advertisement was deceptive.
• B) can order a false or misleading advertisement to be stopped through a "cease and desist order," but cannot require the violator to correct its advertising.
• C) can fine an advertiser for running a misleading advertisement if it fails to comply with its order to "cease and desist."
• D) All of these are correct.

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Definitions:

Quantity of Money

The total amount of money (currency, coins, and checking deposits) in circulation within an economy.

Usury Law

Legislation that sets maximum interest rates that can be charged on loans to protect consumers from excessively high rates.

Loanable Funds

The money available for borrowing in the financial markets, determined by the savings of individuals and entities and the banking system's capacity to lend.

Usury Law

Regulations governing the maximum interest rate that can be charged on loans, aimed at protecting consumers from excessively high rates.