Advertisers Are Often Supportive of Voluntary Self-Regulation Because

question 31

Multiple Choice

Advertisers are often supportive of voluntary self-regulation because:

• A)self-regulation is viewed as a way of limiting government interference of advertising.
• B)all clients and agencies are affected by voluntary self-regulation.
• C)self-regulation does not require interaction between agency and client.
• D)self-regulation results in even more stringent regulations than state and federal agencies want.
• E)it is simple and less time consuming.

---

Definitions:

Past-Due Account

A past-due account is a financial account that has not been paid by the due date, often leading to penalties or interest charges.

Note Receivable

A financial asset representing a written promise for the future receipt of cash, indicating that one party owes another party a specific sum.

Settlement

The process of concluding a transaction or dispute by all parties involved agreeing to terms, often involving the payment of funds.

Promissory Notes

Written promises to pay a specified sum of money to a named party on demand or at a determined future date.