The Federal Trade Commission issues industry guides,which must be followed by all industries.

Question

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The Federal Trade Commission (FTC) periodically issues trade practice rules and guides, sometimes referred to as industry guides. These rules are the FTC's informal opinion of legal requirements applicable to a particular industry's practices. Although compliance with the rules is voluntary, they provide the basis for the informal and simultaneous abandonment by industry members of practices thought to be unlawful.
Multiple Choice Questions

The Federal Trade Commission Issues Industry Guides,which Must Be Followed