Asked by Candace Shields on Jul 17, 2024
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A misrepresentation or material omission that is likely to mislead a consumer to the consumer's detriment is grounds for a claim of deception under FTC rules.
Misrepresentation
The act of providing false, misleading, or incorrect information typically in a contractual context, leading to an erroneous belief by another party.
Material Omission
The failure to include vital information that results in a deceptive representation, significant in legal and financial disclosures.
FTC Rules
Regulations established by the Federal Trade Commission, the agency responsible for enforcing antitrust and consumer protection laws in the United States.
- Acquire knowledge about the fundamental principles and legal implications of fraud in practices and advertising laws.
Verified Answer
Learning Objectives
- Acquire knowledge about the fundamental principles and legal implications of fraud in practices and advertising laws.
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