The Wheeler-Lea Act: a. expanded the FTC's authority to regulate advertising. b. limited the FTC's authority to regulate only ads that affected competition. c. eliminated the FTC authority to require corrective ads. d. none of the above

Question

Business

Zain Mata

3 August, 13:18

The Wheeler-Lea Act: a. expanded the FTC's authority to regulate advertising. b. limited the FTC's authority to regulate only ads that affected competition. c. eliminated the FTC authority to require corrective ads. d. none of the above

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Answers (2)

Know the Answer?

Emiliano Martin · Answer 1

A) Expanded the FTC's authority to regulate advertising.

Kaitlynn Arias · Answer 2

The correct answer is letter "A": expanded the FTC's authority to regulate advertising.

Explanation:

The U. S. Wheeler-Lea Act of 1938 is a federal law that was passed to empower the Federal Trade Commission (FTC) Act of 1914. The Wheeler-Lea Act gave the FTC power to issue cease-and-desist orders and fines to companies engaging in deceiving trade practices and marketing. Before this amendment, the FTC had the power to regulate violations related to commerce and advertising committed by industry competitors.