The FTC Publishes a Rule Regulating TVs and Blu-Ray DVD

question 67

Multiple Choice

The FTC publishes a rule regulating TVs and Blu-ray DVD players for public comment but revises it to include traditional DVD players also.Should the FTC republish the revision?

• A) No, because the new rule is more limited than the original proposal.
• B) No, because there is generally no legal obligation to provide an additional comment period.
• C) No, because the revision is a logical outgrowth of the original rule.
• D) No, because there was no need for publication of the original rule.

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Definitions:

Communist Countries

Nations that formally adhere to Marxist-Leninist principles, aiming for a classless society and the absence of private ownership of the means of production.

Scarce Resources

Resources that are limited in availability and cannot sufficiently meet all the wants and needs of a society.

Markets

Platforms or systems where buyers and sellers interact to trade goods, services, or financial instruments.

Government Involvement

The participation or intervention by government bodies in the economy or specific industries.