Question: Identify the correct statement about the Federal Trade Commission ( FTC ) . Multiple Choice It lacks the authority to prosecute businesses that commit unfair
Identify the correct statement about the Federal Trade Commission FTC
Multiple Choice
It lacks the authority to prosecute businesses that commit unfair or deceptive trade practices.
It discourages a competitive environment in the economy.
It issues legally binding opinions on the legality of a particular industry's trade practices.
It exclusively administers the FTC Act and no other consumer protection laws.
It can conduct inquiries as a result of consumer complaints.
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