This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the three tests or elements used by the FTC to determine whether a particular act is an ... (Read 65 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jun 24, 2018
What are the three tests or elements used by the FTC to determine whether a particular act is an unfair trade practice?

Question 2

Members of the European Parliament, which represent the interest of their respective states are elected by residents of each state and are appointed for five-year terms.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 24, 2018
Answer to Question 1

The FTC considers an act to be unfair if each of the following three tests is met: (1 ) the act causes the consumer substantial physical or financial injury; (2 ) the harm of the injury outweighs any countervailing benefit; and (3 ) the consumer could not reasonably avoid the injury. Additionally, the FTC may decide a practice is unfair on grounds it violates public policy even if the three tests mentioned above are not actually satisfied.

Answer to Question 2

FALSE


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Jun 24, 2018
Excellent

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Procedures and Diagnostic Tests Related to the Endocrine System Procedures and Diagnostic Tests Related to the Endocrine System
Procedures for Diagnostic Tests Related to the Digestive System Procedures for Diagnostic Tests Related to the Digestive System
Determine the enthalpy change of this reaction Determine the enthalpy change of this reaction
Some Single-Gene Defects for Which Genetic Tests Some Single-Gene Defects for Which Genetic Tests
Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ... Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ...
Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library