What is the primary role of the Federal Trade Commission? Should the government be in the business of regulating the safety of all products sold to consumers? If not, how should the government...

1 answer below »

What is the primary role of the Federal Trade Commission?

Should the government be in the business of regulating the safety of all products sold to consumers? If not, how should the government determine which products to regulate? Car seats? Skateboards? Pencils? Textbooks? Dolls? As a taxpayer, are you willing to pay for all of this regulation?

What is deceptive advertising and what can the FTC require a business to do if the business is engaged in deceptive advertising?

Be sure to draft your answers in paragraph form, discussing each question thoroughly. You will also need to reply substantively to a classmates' posting.

Answered 1 days AfterApr 18, 2022

Answer To : What is the primary role of the Federal Trade Commission? Should the government be in the business...

Ananya answered on Apr 19 2022
17 Votes
Running Head: BUSINESS LAW                                1
BUSINESS LAW                                        2
BUSINESS LAW
Table of Contents
Feder
al Trade Commission    3
Regulating the Safety of Products    3
Products to Regulate    3
Paying for Regulations    3
Deceptive Advertising    3
References    5
Federal Trade Commission
The primary role of the Federal Trade Commission is to protect the consumers’ rights and competition. It aims to prevent deceptive and unfair business through enforcement of laws and educating people about it. It reduces the burden on the legitimate business activity (Federal Trade Commission Protecting America’s Consumers, 2022).
Regulating the Safety of Products
The government should be in the business of regulating the safety of all products sold to consumers to reduce the co
uption. As mentioned by Campbell and Grimm (2019), this would reduce the consumer harm through the products bought. There are also some limitations if the government...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here