Question: Based in this reading could you help me with a conclusion. The federal trade commissionprotectsthe consumersand other individuals who may be directly influenced or they

Based in this reading could you help me with a conclusion.

The federal trade commissionprotectsthe consumersand other individuals who may be directly influenced or they have interacted or been part of the business processes where by it helps to curb or tostop deceptive practices these means basically that there are individuals or business people who may have malicious business intentions whereby they have to use unscrupulous sources in order to forge other deals and at the end of it a consumer may end up suffering large losses in a case whereby theconsumer may end up buying a commodity that is not in its original quality, quantity and also the original or substantive original monetary value, or fraudulent practices these are bad business deals or rotten situations or businesses that move in the marketplace, In these case the commission is in charge of restricting them in that it has set up proper measures to curb such cases from happening as a result it means that for one to engage final consumers or users it means that as a business merchant you should be verified by the council and you have enough certificates and proper or a clean record and you have no history of any criminal record or you arenot under a suspicious criminal record. Ascommission we have the proper mechanisms that enable us to make due diligence and we have the mandate to carry out investigations in case there is a complaint from the market or the larger percentage of the clients who have complained about a certain case and when we find out, we have the authorities to sue companies in the court of law where proper measures are taken and to people who have the audacity or the tendency of violating or forfeiting proper practices that have been set by the land or the land laws as they are referred to them and other related policies that have been set up by the parliament and rolled above constitution that has been embodied by law it means that they have to face the consequences and fines or sentenced as required by the law. The federal trade commissions under its own set policies it has there for developed rules that always ensure a reliable and a vibrant marketplace, also it offers civil or regular education to these people as the final users or the consumers and businesses about their rights and responsibilities, this means that they are fully aware of all the procedures that they must follow to acquire some reliable and relatable items and as a result they have the knowledge of identifying scrupulous business brokers and they have the proper authorities to report the matter.

When consumer rights have been violated it is the responsibility of the commission to take proper charge of the matter these means that they act in a procedural mannerin these case they are always guided by the laws that have been set up through the constitution of the commission ,these may include Identity theft Act, these is part of the laws whereby they have to sue their well trained and certified investigators and they will be guided by the laws in order for them to be able to identify where the consumer rights were violated and the value of properties that were stolen or subsidized in a malicious manner, Also they have to be reported and investigated under the fair credit reporting act, these means that these act will be used to check the record of the consumer and the seller ,these act is mostly used in a case where by a person has decided or has continuously failed to honor to debts and the payment agreements and plans.

There are penalties and charges that have been set above by these body, these basically means that one is charged according to the crime that he or she may have committed and there are different types of charges it may include court fines alone while other may include sentencing and there is also a clause where one can be completely be banned from conducting business.

The Real Impact on the economy of the country is that it promotes more unity and creates a large chain where other countries may like or wish to conduct the business with the country because there is transparency in every activity and in case of breaking the laws one will always face the full consequences and force of the law.

The federal trade commission in its entity has stopped (1970) unfair and fraudulent trades by collecting complaints and even conducting investigations. (Oct 15 2020) Federal Trade Commission shuts down unlawful Debt collection operations.

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