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 20 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
Wow, this really help

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

How genes produce proteins that determine traits in a simple dominant-recessive relationship. How genes produce proteins that determine traits in a simple dominant-recessive relationship.
Procedures for Diagnostic Tests Related to the Digestive System Procedures for Diagnostic Tests Related to the Digestive System
How to determine an exponential relation from a table of values How to determine an exponential relation from a table of values
Elements of Culture Elements of Culture
Given the values of sin θ, determine the values of θ over the interval [0, 2pi] Given the values of sin θ, determine the values of θ over the interval [0, 2pi]
The system moves at 1.50 2 m/s while the inclined planes are rough. a) Determine the ... The system moves at 1.50 2 m/s while the inclined planes are rough. a) Determine the ...
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library