By law, a firm may call a new product "new" for only six months. This regulation, and many similar product regulations, are established by the:
A) Environmental Protection Agency (EPA)
B) Federal Trade Commission (FTC)
C) Consumer Product Safety Commission (CPSC)
D) Food and Drug Administration (FDA)
E) U.S. Department of Justice (DOJ)

Question

Quizplus · Accepted Answer

The Federal Trade Commission (FTC) is responsible for enforcing regulations related to advertising and marketing of products, including rules about using terms like "new" or "improved." The FTC also establishes guidelines on product labeling and packaging, as well as disclosure requirements for product warranties and safety information.

By Law, a Firm May Call a New Product "New