MINDTAP EDUCATION FOR ORLICH/HARDER/TRE
MINDTAP EDUCATION FOR ORLICH/HARDER/TRE
11th Edition
ISBN: 9781337096157
Author: Miller
Publisher: Cengage Learning
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Chapter 3, Problem 1TR
To determine

Agency for the protection of consumers.

Expert Solution & Answer
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Explanation of Solution

Federal Trade Commission (FTC) is a government agency for the protection of consumers. The main purpose of the Federal Trade Commission (FTC) is to protect the customers from unfair trade practices and it gives specific information about the consumer’s choice, quality product, and competitive process received by both producers and consumers. FTC implements laws and build up rules and working methodology. A noteworthy objective is to help and advice organizations so that they may agree the laws. FTC discloses to organizations what is viewed as inequitable, misleading or unlawful and regard as each case without anyone else justifying as opposed to carefully applying a single set of rules for all organizations. Thus, option ‘j’ is correct.

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