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The FTC Has Issued Three Policy Statements Addressing the Meaning

Question 27

Multiple Choice

The FTC has issued three policy statements addressing the meaning of unfairness and has provided that an injury is unfair if:


A) when applying a cost-benefit analysis to the situation, the costs are lower than the benefits to consumers or competition.
B) it is substantial and not outweighed by any benefits to consumers or competition.
C) it is one that consumers themselves could not reasonably have avoided.
D) Both (a) and (b) are correct.
E) Both (b) and (c) are correct.

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