Deceptive Acts and Practices under Dodd-Frank

An act or practice that misleads or is likely to mislead the consumer, the consumer's interpretation is reasonable under the circumstances, and the misleading act or practice is material. (correct)

An act or practice that misleads or is likely to mislead the consumer, the consumer's interpretation is unreasonable under the circumstances, and the misleading act or practice is material.

An act or practice that benefits the consumer, the consumer's interpretation is reasonable under the circumstances, and the misleading act or practice is immaterial.

An act or practice that benefits the consumer, the consumer's interpretation is unreasonable under the circumstances, and the misleading act or practice is immaterial.

It could lead to a higher consumer satisfaction rate.

It could violate Dodd-Frank's prohibition of deceptive acts or practices. (correct)

It could increase the company's revenue.

It could lead to a decrease in consumer complaints.

The government's opinion

The company's opinion

The entire situation (correct)

The consumer's opinion