Question 16 The federal agency that is responsible for ensuring free trade among

Question

Question 16

The federal agency that is responsible for ensuring free trade among businesses and which investigates false, deceptive, and misleading claims in advertising and other marketing material is the

Consumer Product Safety Commission (CPSC)

Bureau of Alcohol, Tobacco, and Firearms (BATF)

Federal Trade Commission (FTC)

Federal Communications Commission (FCC)

Question 17

Sandra believes that one reason she owes over $12,000 on her credit cards is all of the advertising she sees on television for various products. This is an example of the ethical concern that marketing

increases the prices of goods and services

capitalizes on human weaknesses

causes people to buy more than they can afford

shapes inappropriate cultural values

Question 18

In an investigation of misleading or deceptive advertising, if the FTC feels a violation has occurred, the first step in resolving the issue will be to issue a consent order.

False

True

Question 19

The federal agency that regulates and oversees the manufacturing, distribution, and labeling of food and drugs is the

Federal Communications Commission (FCC)

U.S. Post Service (USPS)

Bureau of Alcohol, Tobacco, and Firearms (BATF)

Food and Drug Administration (FDA)

Question 20

The legislation that prohibits charging different prices to different buyers of the same merchandise and requires sellers that offer a service to one buyer to make the same offer of service available to all buyers is the

Clayton Act

Federal Trade Commission Act

Robinson-Patman Act

Lanham Act

Question 21

In bait and switch legal cases, the most difficult test of a bait and switch tactic to prove is that

the retailer intentionally did not stock enough of a sale item with the intent of running out, thus causing customers to switch to a higher-priced model

the advertisement used deceptive and misleading information

salespeople used undue pressure to influence customers to purchase a higher-priced model

the salespeople made false claims about the advertised model

Consumer Product Safety Commission (CPSC)

Bureau of Alcohol, Tobacco, and Firearms (BATF)

Explanation / Answer

16. The correct option is c. Federal Trade Commission (FTC)

17. The correct option is c. Causes people to buy more than they can afford.

18. The given statement is TRUE as the first action by FTC is a consent form which require the company to take down the advertisement.

19. The correct option is d. Food and Drug Administration (FDA)

As per Chegg's guideline, we are required to do only 4 parts of a question

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