
FHMM FTC Quiz
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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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