Asked by Faustine Hudson on Jul 08, 2024
Verified
Which of the following gave the Federal Trade Commission responsibility to protect the public against false and misleading advertising?
A) Celler-Kefauver Act of 1950
B) Wheeler-Lea Act of 1938
C) Clayton Act of 1914
D) Sherman Act of 1890
Federal Trade Commission
A federal agency charged with protecting consumers and ensuring a strong competitive market by enforcing antitrust and consumer protection laws.
Wheeler-Lea Act
The federal law of 1938 that amended the Federal Trade Commission Act by prohibiting unfair and deceptive acts or practices of commerce (such as false and misleading advertising and the misrepresentation of products).
Misleading Advertising
Promotional activities that intentionally or unintentionally deceive or misguide consumers regarding the nature, qualities, or benefits of a product or service.
- Gain insight into the responsibilities and actions of the Federal Trade Commission (FTC) in upholding antitrust statutes and defending consumers from misleading promotions and unfair treatments.
Verified Answer
Learning Objectives
- Gain insight into the responsibilities and actions of the Federal Trade Commission (FTC) in upholding antitrust statutes and defending consumers from misleading promotions and unfair treatments.
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