Certified Regulatory Compliance Manager (CRCM) — Question 43

In Advertising-12 CFR 213.7, if a percentage rate is used in an advertisement, it cannot be more prominent than any other disclosure, EXCEPT:

Answer options

• A. For the warning regarding the limitation of the rate as a measurement of cost
• B. For beginning at least 3 days before and ending at least 10 days after the broadcast
• C. For required disclosures in advertisements
• D. For an advertisement accessed in electronic form

Correct answer: A

Explanation

The correct answer is A because the regulation allows for a warning about the limitations of the rate to be more prominent than other disclosures. Options B, C, and D do not pertain to exceptions regarding the prominence of the percentage rate in advertising and therefore do not apply in this context.