Practice Quiz

Paralegal Exam Prep

Category - Legal Envrmt

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What agency is responsible for enforcing the Fair Debt Collection Practices Act?
  1. Consumer Research Commission
  2. Federal Trade Commission
  3. Consumer Protection Commission
  4. Fair Debt Commission
  5. Securities and Exchange Commission
Explanation
Answer: B. The Federal Trade Commission is responsible for enforcing the Fair Debt Collection Practices Act. Created in 1915 by the Federal Trade Commission Act, the Federal Trade Commission is charged with protecting consumers from unfair business practices. The division within the Federal Trade Commission responsible for consumer protection is known as the Bureau of Consumer Protection.
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