How does the federal trade commission regulate business as an administrative agency?.

1 answer:

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The FTC is empowered to enforce rules of trade regulation that define unfair or deceptive actions or practices in great detail and to report to and advise Congress on legislative matters related to the economy. This is further explained below.

<h3>What is the federal trade commission?</h3>

Generally, The Federal Trade Commission (FTC) is a non-departmental executive body of the United States government charged with protecting consumers and enforcing federal antitrust laws.

In conclusion, The FTC is empowered to enforce laws of trade regulation that define unfair or deceptive actions or practices in great detail, and it may also report to Congress on economic matters and provide policy suggestions.

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<h3>When recording bond retirements, use a discount account:</h3>

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<h3>Here are the journal entries to reflect bond retirement:</h3>

Bonds payable are debited by $603,000

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