TSR Basic Quiz
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What does the Telemarketing Sales Rule (TSR) regulate?CorrectIncorrect
Which provision of the TSR prohibits charging upfront fees for credit repair services?CorrectIncorrect
What is a crucial requirement for caller ID information under the TSR?CorrectIncorrect
Under the TSR, what is the purpose of the ‘Abandoned Call Safe Harbor’ provision?CorrectIncorrect
Why is maintaining detailed records important for TSR compliance?CorrectIncorrect
The Telemarketing Sales Rule (TSR) applies only to in-person sales.
True or FalseCorrectIncorrect
Misrepresentation and deceptive practices are allowed under the TSR as long as they lead to successful sales. True or FalseCorrectIncorrect
Credit repair professionals are exempt from the TSR’s requirement to display accurate caller ID information. True or FalseCorrectIncorrect
The TSR’s ‘Abandoned Call Safe Harbor’ provision encourages telemarketers to make as many abandoned calls as possible. True or FalseCorrectIncorrect
Charging upfront fees before providing credit repair services is permissible under the TSR. True or FalseCorrectIncorrect