Question

Which of the following is true of the Federal Trade Commission?

A. It has the authority to impose criminal sanctions on those found guilty as soon as a citizen complaint is filed.

B. It operates as a miniature government with powerful quasi-legislative (rule-making) and quasi-judicial (adjudication) roles.

C. It does not have the authority to enforce privacy provisions in laws addressing the use of consumer credit reports.

D. It is solely responsible for enforcing many finance laws, including the Electronic Fund

Transfer Act, the Equal Credit Opportunity Act, and the Fair Credit Billing Act.

Answer

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