Question
13. According to POM Wonderful vs. FTC, the FTC argued that health benefit related advertising claims must be based upon: A. Half-Truths B. Bait and
13. According to POM Wonderful vs. FTC, the FTC argued that health benefit related advertising claims must be based upon:
A. Half-Truths
B. Bait and Switch
C. Randomized control trials
D. None of the above
14. The court, in Haywood vs. Massage Envy, held that to be successful in a ICFA claim, one must prove deception, intent to rely, course of conduct, and _________.
A. Projected damages
B. Actual damges
C. Speculative damages
D. Consequential damages
15. In Santangelo vs. Comcast, the court determined that a _______________ is sucient to constitute an injury.
A. Depleted credit score
B. Hurt feelings
C. Lack of explanation
D. Failure to refund premiums
16. A ________ as required by the Fair Debt Collection Practices Act gives a debtor 30 days to dispute the debt.
A. Communication notice
B. Contact notice
C. Enforcement notice
D. Validation notice
17. A _________ is an agreement by two or more sellers to refuse to deal with a particular person or firm.
A. Group boycott
B. Price fixing agreement
C. Trade Association
D. Predatory pricing
18. According to McWane vs. FTC, __________ is an indication of monopoly power>
A. Legitimate purpose
B. International trade
C. Substantial barriers to market entry
D. Specialized product
19. In Candelore vs. Tinders, the court determined that the pricing scheme violated restrictions against _____________ discrimination.
A. Gender
B. Age
C. Race
D. Intellectual
20. TransWeb vs. 3M stands for the premise that abuse of ___________ make merit the award of attorneys fees in antitrust claim.
A. Legal process
B. Treble damages
C. Private action
D. Divestiture
21. Determining potential interest of investors without actually selling any securities is known as what?
A. Registration statement
B. Prospectus
C. Well-known seasoned issue
D. Testing the waters
22. According to Omnicare vs. Laborers District Council, "misleading" is determined by a
______ standard.
A. Objective
B. Subjective
C. National
D. Individual
23. In SEC vs Texas Gulf Sulphur, ________ is a violation of Section 10b-5 of the Securities Exchange Act of 1934.
A. Disclosure
B. Accredited investment
C. Insider trading
D. Small oerings
24. The court, in Singer vs. Reali, held that a plainti must demonstrate deception, manipulation, or fraud to meet the element of ____________.
A. Causation
B. Scienter
C. Damages
D. Cause in fact
25. State securities laws are called:
A. Blue sky laws
B. Civil sanction laws
C. Ponzi scheme laws
D. Corporate governance laws
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