Asked by Manuel Antonio on Apr 25, 2024
Verified
Which of the following is the fine that the Federal Trade Commission may impose if a cease-and-desist order issued by the Federal Trade Commission and upheld by the courts is violated?
A) $3,000 per violation
B) $5,000 per violation
C) $10,000 per violation
D) $50,000 per violation
E) $100,000 per violation
Cease-and-desist Order
A legal order issued by a government agency or court to a person or entity to stop allegedly illegal activities.
Federal Trade Commission
An independent agency of the United States government, created to prevent unfair business practices and promote consumer protection.
Violation Fine
A monetary penalty imposed for breaking a law, rule, or contract.
- Describe the steps and outcomes associated with the issuance and violation of a cease-and-desist order by the FTC.
Verified Answer
TA
Thekra Al-riyami7 days ago
Final Answer :
C
Explanation :
The Federal Trade Commission (FTC) may impose a fine of $10,000 per violation if a cease-and-desist order issued by the FTC and upheld by the courts is violated. This is intended to enforce compliance with the FTC's orders and deter future violations.
Learning Objectives
- Describe the steps and outcomes associated with the issuance and violation of a cease-and-desist order by the FTC.