Which of the following best states the purpose of the Federal Trade Commission (FTC) ?
A) It was created to ensure that the American economy imports more than it exports.
B) It was created to prevent "unfair methods of competition and unfair or deceptive acts or practices in and affecting commerce."
C) It provides a mechanism to deal with the billing errors that accompany credit card and certain other "open-end" credit transactions.
D) It was designed to shield debtors from unfair debt collection tactics by collection agencies and attorneys who routinely operate as debt collectors.
Correct Answer:
Verified
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