#1
Which act established the Federal Trade Commission (FTC)?
Federal Reserve Act
Sherman Antitrust Act
Clayton Antitrust Act
Federal Trade Commission Act
#2
What year was the Federal Trade Commission (FTC) established?
#3
What is the 'Do Not Call' Registry enforced by the FTC primarily aimed at?
Preventing telemarketers from making unsolicited calls
Preventing spam emails
Preventing junk mail
Preventing robocalls
#4
Which of the following statements about the FTC's role in protecting consumer privacy is true?
The FTC has no role in protecting consumer privacy.
The FTC only protects privacy for online transactions.
The FTC has broad authority to enforce privacy protections.
The FTC's privacy role is limited to certain industries.
#5
Which agency shares responsibility with the FTC for enforcing federal antitrust laws?
Federal Communications Commission (FCC)
Department of Justice (DOJ)
Securities and Exchange Commission (SEC)
Consumer Financial Protection Bureau (CFPB)
#6
What is the primary objective of the FTC's 'Cooling-Off Rule'?
To regulate the temperature of products during transportation
To prevent consumers from impulse buying
To ensure products are safe to consume
To regulate the sale of refrigeration units
#7
Which of the following is NOT within the jurisdiction of the FTC?
Consumer protection
Antitrust enforcement
Labor relations
Privacy and data security
#8
What is the primary purpose of the FTC's Bureau of Consumer Protection?
To regulate labor relations
To ensure competitive markets
To enforce consumer protection laws
To oversee financial institutions
#9
What is the main objective of the FTC's 'Made in USA' labeling standards?
To promote international trade
To protect domestic manufacturers
To ensure product quality
To provide accurate information to consumers
#10
Which of the following is an example of a deceptive advertising practice regulated by the FTC?
A company using a celebrity endorsement in its ad
A company making false claims about the effectiveness of its product
A company advertising its product as 'limited edition'
A company offering a money-back guarantee
#11
Which of the following is NOT covered by the FTC's Fair Credit Reporting Act (FCRA)?
Credit reporting agencies
Creditors
Debt collectors
Employers
#12
What is the primary purpose of the FTC's Telemarketing Sales Rule (TSR)?
To regulate sales of telemarketing equipment
To regulate telemarketing calls
To prevent telemarketing companies from disclosing customer information
To enforce minimum wage for telemarketing employees
#13
Which of the following is NOT a tool used by the FTC to enforce consumer protection laws?
Civil penalties
Consumer education
Trade embargoes
Injunctions
#14
What role does the FTC play in regulating mergers and acquisitions?
The FTC has no authority in regulating mergers and acquisitions.
The FTC reviews mergers and acquisitions to prevent anti-competitive behavior.
The FTC only regulates mergers and acquisitions in certain industries.
The FTC encourages mergers and acquisitions to foster economic growth.
#15
In the context of consumer protection, what does 'cramming' refer to?
A marketing strategy used by companies to attract customers
The unauthorized placement of charges on a consumer's phone bill
The act of providing false information in advertising
A method of packaging products
#16
What is the FTC's role in enforcing the CAN-SPAM Act?
The FTC investigates and prosecutes violations of the CAN-SPAM Act.
The FTC regulates email servers to prevent spam.
The FTC provides technical support to email service providers.
The FTC monitors email traffic for compliance.
#17
What role does the FTC play in enforcing the Children's Online Privacy Protection Act (COPPA)?
The FTC reviews and approves online content targeted at children.
The FTC provides educational resources for parents on online safety.
The FTC regulates websites and online services that collect personal information from children under 13.
The FTC conducts research on the effects of online content on children's behavior.