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Question
Which of the following statements is true of the Federal Trade Commissions (FTCs) penalties or remedies?
A. The basic penalty for trade practice violations under the FTC Act is a civil fine of not more than $1,000 per violation.
B. The FTCs main purpose is to find violators and punish them.
C. Either the FTC or the Justice Department must ask the federal court to assess all civil fines including fines accepted by companies that are imposed as part of a consent order.
D. Civil fines may be assessed by courts only under two distinct situations: for a violation of a consent or cease and desist order or for a violation of a trade regulation rule.
E. The FTC Act states that in the case of a violation through continuing failure to obey an order, each day the violation continues is a separate offense.
Answer
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