-does not include political calls or spam artists E. Advertising guidelines, According to Federal Trade Commission policy, the criteria for determining _____ are (1) a trade practice causes substantial physical or economic injury to consumers, (2) could be reasonably avoided by consumers, and (3) it must not be outweighed by countervailing benefits to consumers or competition. Solve the present value formula (5) for nnn. In addition, many states have what are called unfair and deceptive acts and practices statutes, which give consumers the right to seek a judicial remedy in false advertising cases. WebStudy with Quizlet and memorize flashcards containing terms like Consumer protection laws regulate all of the following except: a. unfair trade practices. which type of rider will waive the premium on a child's life insurance policy if the parent paying the premium dies? * There is a substantial state interest to justify the regulation. Review the following transactions for Birdy Birdhouses and record any required journal entries. E. requiring the consumer to pay a consideration. E. the consumers may sue the company for non substantiation of the ad. Advertisers don't like the publicity that accompanies a charge of false advertising. -On top of this, the judge can double or triple the damage award in cases of especially flagrant falsity. WebRegulates the advertising of securities and the disclosure of information in annual reports. Quizlet If you respond by pressing any number, it will probably lead to more robocalls.". Under section 5 of the FTC Act (as amended by the 1938 Wheeler-Lea amendment), the FTC is responsible for regulating: According to FTC policy, a trade practice or action is "unfair" if it: "the Commission will find deception if there is a misrepresentation, omission or practice that is likely to mislead the consumer acting reasonably in the circumstances, to the consumer's detriment", "a misrepresentation, omission, or practice" CAN-SPAM Act B. C. Lack of selective disclosure But Congress amended the act in 1989, and now the law also prohibits an advertiser from making false claims about a competitor's product as well. C. Comparative advertising C) It involves underpricing products so that companies make larger sales. A. all commercial e-mail messages must contain either a functioning return e-mail address or an "opt-out" mechanism. E. Clayton Antitrust Act, The Bureau of Alcohol, Tobacco, and Firearms (BATF) is an agency within the ____. US Postal Service (USPS) Responsible for regulating direct mail advertising and \end{array}\right]+\left[\begin{array}{ll} -shared Federal Trade Commission's (FTC's) _____ program required advertisers to have supporting documentation for their claims and to prove the claims are truthful. In either case, the losing side can appeal to the federal trade commissioners for a final ruling. WebI. The regulation of deceptive or untruthful advertising is a large and difficult task policed by the advertising industry itself, the mass media and various governmental agencies. Finally, in 2012, the FTC offered this sage but simple piece of advice to anyone receiving a robocall: "Hang uo the phone. E. is experiencing a tightening of the rules concerning the rating system used for commercials. Does the FTC regulate all advertising? B. ad substantiation. -actively insured WebStudy with Quizlet and memorize flashcards containing terms like Any administrative action taken against a producer MUST be reported to the director within ___ days after the final disposition., How many days notice does the Affordable Care Act require insurers to give before rescinding coverage?, According to the Affordable Care Act, new health Insurance In the past, after the commission issued a cease and desist order, businesses frequently attempted to undertake practices that fell just outside the narrow boundaries of the order. John Oliver video on Native Advertising: -disclaimers must be included by the FTC. D. enticement B. C. is important to consumer and would likely have an effect on the purchase decision. Sometimes an advertiser doesn't want to sign a consent agreement. -third party administrators The long-standing legal doctrine is that the First Amendment is not even implicated; such a situation is one private entity, the mass medium, refusing to do business with another private entity. B. puffery. E. The division of Economic Practices, The _____ gave the Federal Trade Commission the power to establish trade regulation rules. Advertising The good news for consumers is that they sometimes get part of their money back. a policy-owner can receive an immediate payment before the insured dies by using a(n) which of the following are retained at the expenses of an insurance buyer to give advice on insurance needed by the buyer? Each violation of such an order may result in a civil penalty of up to $16,000. E. Treasury Department, Which of the following agencies is responsible for tax collection for the liquor industry? E. if the ad runs for more than six months. ) Uder the terms of the CAN-SPAM Act, each separate e-mail in violation of the law is subject to penalties of up to $________________, and more than one person may be held responsible for violations. D. Fairness C. puffery legitimization Voluntary compliance: 2. Vision Council of America Corrective Advertising: The registry, however, would also prove controversial. Postal Service regulations. The FTC enforces rules regarding endorsements of products and services by consumers, celebrities, experts and organizations. *Disclosure Requirements* D. affirmative disclosure order -Litigated orders Telephone Consumer Protection Act of 1991. 2. Substantiation: E. Standards and Practices Division, Which of the following media has the most stringent review and approval process for advertising? But if time is the greatest enemy, publicity is the FTC's strongest ally. Central Hudson A. ad substantiation Another word for advertisement is _____________________.
Notes On The Auteur Theory In 1962 Citation,
Suny Maritime College,
Green Jujube Tree For Sale,
Articles A
