Which of the following statements is true of the Federal Trade Commission Act (FTC Act)?
A) It can sue only in state courts to obtain compensation on behalf of consumers.
B) It usually cannot enforce a cease-and-desist order in any case of violation.
C) Section 5 of the FTC Act excludes monitoring of firms indulging in any consumer malpractice.
D) It has been used extensively to regulate business conduct.

Question

Quizplus · Accepted Answer

The statement "It has been used extensively to regulate business conduct" is true. The FTC Act is a key piece of legislation that grants the FTC the power to regulate business conduct and prevent anticompetitive behavior. The Act allows the FTC to bring enforcement action against businesses that engage in unfair or deceptive practices and to issue cease-and-desist orders to stop ongoing violations. The FTC Act is a powerful tool that the FTC has used extensively to protect consumers and promote competition in the marketplace.

Which of the Following Statements Is True of the Federal