Question

The 1938 Amendment to the FTC ACT shifted its focus from a strict liability provision to...

The 1938 Amendment to the FTC ACT shifted its focus from a strict liability provision to one based on fault. TRUE or FALSE

Homework Answers

Answer #1

Answer: false

The act was passed in the year 1914 in order to protect unfair practices in trade like faulty advertisement, illegal competition, etc.

It was amended in the year 1938 by changing the focus from antitrust act to consumer protection act. This is the way of giving more protection to the consumers by enforcing strict liability on products – if a product creates damage intentionally or unintentionally, the producer would be held responsible in anyway.

Therefore, the strict liability is not removed through this amendment.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The Partnership Act 1890 section 24 sets out rights of partners (in default of their own...
The Partnership Act 1890 section 24 sets out rights of partners (in default of their own agreement). Which one of the following is not included in section 24? Group of answer choices The right to share equally in the capital and profits of the business. The right to be indemnified by the firm for any liabilities incurred or payments made in the course of the firm's business. The right to a salary The right to take part in the management...
Part 3 __________ is the organization that enforces the Occupational Safety and Health Act (OSHA). •...
Part 3 __________ is the organization that enforces the Occupational Safety and Health Act (OSHA). • The Justice Department • • The Securities and Exchange Commission   •The Securities Exchange Commission •The Occupational Safety and Health Administration • The Food and Drug Administration Who is covered under the provision of the FLSA that mandates employees working more than 40 hours a week earn time and a half pay? • Regular salespersons • Administrative employees • Outside salespersons • Executives • Professional...
1.Trius Inc. borrowed $2,500,000 from its bank on December 1, 2013. The term is 10 years,...
1.Trius Inc. borrowed $2,500,000 from its bank on December 1, 2013. The term is 10 years, with annual payments of $250,000 plus interest due starting December 1, 2014. If Trius does not meet certain loan covenants the entire amount outstanding is due on demand. Trius was not in compliance at December 31, 2015 (year-end). After considerable negotiations, the bank agreed it would not demand payment. The agreement was signed January 20, 2016. Trius Inc. issued its audited financial statements on...
The following statement is true is all respects: Organizations that make up the supply chain are...
The following statement is true is all respects: Organizations that make up the supply chain are “linked” together through physical, financial and information flows forming partnerships that add value to the customer experience. True False Flag this Question Question 3 1 pts Supply chain management is undergoing a level of transformation, not unlike other disciplines. Which of the selections below best represents this transformation. Business Logistics Physical Distribution Integrated Business Planning Its not transforming Flag this Question Question 4 1...
CASE STUDY: DATA WAREHOUSING AT VOLVO Every Volvo car has hundreds of microprocessors and sensors. Their...
CASE STUDY: DATA WAREHOUSING AT VOLVO Every Volvo car has hundreds of microprocessors and sensors. Their data is used in diagnosis and repair. It is also captured by Volvo, integrated with the company's CRM, dealership and product data stores, and stored for analysis. This enables Volvo to spot design and construction flaws early, enable proactive correction of faults, and see how its cars respond in accidents. Volvo sells about 400,000 cars per year. Each generates 100–150 kB of data per...
CASE STUDY: DATA WAREHOUSING AT VOLVO Every Volvo car has hundreds of microprocessors and sensors. Their...
CASE STUDY: DATA WAREHOUSING AT VOLVO Every Volvo car has hundreds of microprocessors and sensors. Their data is used in diagnosis and repair. It is also captured by Volvo, integrated with the company's CRM, dealership and product data stores, and stored for analysis. This enables Volvo to spot design and construction flaws early, enable proactive correction of faults, and see how its cars respond in accidents. Volvo sells about 400,000 cars per year. Each generates 100–150 kB of data per...
CASE STUDY: DATA WAREHOUSING AT VOLVO Every Volvo car has hundreds of microprocessors and sensors. Their...
CASE STUDY: DATA WAREHOUSING AT VOLVO Every Volvo car has hundreds of microprocessors and sensors. Their data is used in diagnosis and repair. It is also captured by Volvo, integrated with the company's CRM, dealership and product data stores, and stored for analysis. This enables Volvo to spot design and construction flaws early, enable proactive correction of faults, and see how its cars respond in accidents. Volvo sells about 400,000 cars per year. Each generates 100–150 kB of data per...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
What are 4 key things you learned about the topic from reading their paper? How does...
What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Team 3 answer questions above. Part I In today’s world we see fear among people when dealing with sexual harassment. This leads to people not reporting sexual harassment. A misconception about sexual harassment is that it’s only about touching and forcing other people...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT