Wk 6 Discussion – Federal Trade Commission [due Thurs] Answer

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Discussion Topic

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member. 

 

Due Thursday 

Consumer laws were established to protect purchasers of goods and services.

 

Respond to the following in a minimum of 175 words:

  • What purpose does the Federal Trade Commission serve and why must business owners be educated on Federal Trade Commission practices?
  • Consider 1 of the following sections of the Federal Trade Commission Act:
  • Deceptive Advertising
  • Labeling and Packaging Laws
  • Sales
  • Regarding the section you chose, provide an example of when a deceptive practice has been used in business and the consequence(s) for the deceptive practice.  

 

Due Monday 

Reply to at least 2 of your classmates or your faculty member. Be constructive and professional.

Need help with your discussion preparation?

The Federal Trade Commission or FTC was created in accordance to the Federal Trade Commission Act of 1914. FTC’s purpose is to enforce the Act’s rule that prohibits

This question is taken from Accounting 543 – Managerial Accounting & Legal Aspects Of Business » Spring 2022 » Discussion