Which of the Following Statements About the Federal Trade Commission

question 73

Multiple Choice

Which of the following statements about the Federal Trade Commission is false?

• A)The Federal Trade Commission is headed by five commissioners.
• B)The Federal Trade Commission's headquarters is in Washington,DC.
• C)The Federal Trade Commission was formed shortly after the 1914 enactment of the Federal Trade Commission Act.
• D)The Federal Trade Commission is part of the executive branch of the federal government.

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Definitions:

Disaffirm

The legal act of denying or rejecting the validity of a contract or agreement, especially by a party who was minor at the time of entering the contract.

Public Policy

Principles and standards considered by the government in the administration of justice and the enactment of laws, reflecting the social and economic priorities of the community.

Intoxication

The state of being impaired or influenced by the consumption of alcohol or drugs.

Ratification

The act of officially approving or confirming an agreement or action, making it valid and binding.