Asked by Ken Xiao Xinhua on Apr 26, 2024
Verified
An FTC order,under which a company agrees to stop a disputed practice without necessarily admitting that it violated the law,is called a dunning letter.
Dunning Letter
A letter representing payment for goods.
FTC Order
A formal directive issued by the Federal Trade Commission, often requiring a business to cease unfair practices or take corrective action.
- Familiarize yourself with the FTC's regulatory framework regarding sales strategies and advertising procedures.
Verified Answer
JD
Jordan DavisApr 28, 2024
Final Answer :
False
Explanation :
A dunning letter is a letter sent to a debtor demanding payment, not a type of FTC order. The description given in the statement is actually referring to a consent order.
Learning Objectives
- Familiarize yourself with the FTC's regulatory framework regarding sales strategies and advertising procedures.
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