A "Trade Regulation Rule" Issued by the FTC That Applies

Multiple Choice

A "trade regulation rule" issued by the FTC that applies to a specific business practice sets a standard:

A) that everyone in the industry must follow or be subject to criminal conviction
B) for certain practices that are thought to be especially susceptible to deceptive acts
C) after a violation is proven the FTC can close down the violator's business
D) is voluntary but provides quality guidance for the industry
E) must be agreed upon by a majority of the members of the industry to become law