Federal Trade Commission

Bait and Switch Advertising
Bait and Switch Advertising is a method of consumer deception that involves advertising a product in an attractive way to lure customers in, followed by disparagement of the advertised product to cause the customer to switch to a more expensive product.
Equal Credit Opportunity Act (ECOA)
The Equal Credit Opportunity Act (ECOA) is a federal law passed in the mid-1970s aiming to prevent discrimination in the granting of credit based on various personal attributes and financial circumstances.
Federal Trade Commission (FTC)
The Federal Trade Commission (FTC) is a federal agency founded in 1915 under the Federal Trade Commission Act of 1914, designed to protect free enterprise and promote fair competition.
Federal Trade Commission (FTC)
The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 via the Federal Trade Commission Act. Its main functions are to promote consumer protection and eliminate and prevent anticompetitive business practices such as coercive monopoly.
Robinson-Patman Act
The Robinson-Patman Act is a federal law designed to prevent anticompetitive practices by producers, specifically price discrimination.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.