FHMM FTC Quiz

FHMM FTC Quiz

University

28 Qs

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FHMM FTC Quiz

FHMM FTC Quiz

Assessment

Quiz

Education

University

Medium

Created by

Monday Mayhem

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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The primary purpose of the Federal Trade Commission includes:

Regulating international trade agreements

Overseeing environmental protection laws

Enforcing the funeral rule, truth-in-lending act, and the Magnuson-Moss Warranty Act

Managing federal educational standards

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which funeral service providers must comply with the FTC funeral rule?

Owners of small funeral homes

All funeral service providers

Only corporate-owned funeral service providers

Multi-national funeral service providers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the FTC funeral rule require regarding price disclosures?

Disclosure of environmental impact fees

Disclosure of all executive compensation

Disclosure of price adjustments due to market changes

Disclosure of accurate, itemized price information

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When was the Federal Trade Commission (FTC) created?

1914

1984

1994

2004

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Purposes of the Federal Trade Commission include: (select all that apply)

To regulate educational content

To maintain free and fair competition in US business

To provide consumer goods

To oversee international trade

The restraint of unfair or deceptive trade practices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a function of the FTC as per the document?

Action against monopoly

Restraint of trade and unfair practices

Direct regulation of educational institutions

Prevention of anti-competitive practices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the penalty for violating the FTC Trade Regulation Rule for Funeral Industry Practices?

Up to $1,000 per violation

Up to $5,000 per violation

Up to $10,000 per violation

No monetary penalty

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