All the following correctly explain the Federal Trade Commission (FTC) except th
ID: 333999 • Letter: A
Question
All the following correctly explain the Federal Trade Commission (FTC) except the FTC:
a)seeks to ensure that the nation's business markets function competitively and are free of undue restrictions caused by unfair or deceptive acts or practices.
b)was issued in 1979 with the full force of federal law.
c)provides state territorial protection offered by the franchisor.
d)requires franchisors to provide potential franchisees with a disclosure document at the earlier of the first face-to-face meeting or ten business days before any money is paid by the franchisee to the franchisor.
Explanation / Answer
All the options are correct about Federal Trade commission except B. Federal Trade commission was established in 1914. The objective of this law is to stop and prevent unfair business practices by and among the players, and promote the best practices to protection of consumers.
the reaming three options are correct, but option B is wrong. Hence the answer is opiton B.