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Statements (33)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:legislation
|
| gptkbp:appliesTo |
internet business opportunities
product assembly business opportunities sellers of business opportunities vending machine business opportunities work-at-home opportunities businesses selling goods or services to help buyers start their own business |
| gptkbp:codifiedIn |
gptkb:16_CFR_Part_437
|
| gptkbp:compatibleWith |
franchises regulated by Franchise Rule
multi-level marketing companies |
| gptkbp:enforcedBy |
gptkb:Federal_Trade_Commission
|
| gptkbp:excludes |
franchises covered by the Franchise Rule
|
| https://www.w3.org/2000/01/rdf-schema#label |
Business Opportunity Rule
|
| gptkbp:issuedBy |
gptkb:Federal_Trade_Commission
|
| gptkbp:jurisdiction |
gptkb:United_States
|
| gptkbp:penalty |
injunctive relief
civil penalties consumer redress |
| gptkbp:prohibits |
false or misleading statements
misrepresentations by sellers omission of material facts |
| gptkbp:purpose |
protect consumers from business opportunity scams
|
| gptkbp:requires |
disclosure of key information to prospective buyers
disclosure of cancellation or refund policies disclosure of earnings claims disclosure of legal actions disclosure of prior purchasers disclosure of references one-page disclosure document delivery of disclosure at least seven days before contract signing or payment |
| gptkbp:startDate |
March 1, 2012
|
| gptkbp:bfsParent |
gptkb:Federal_Trade_Commission
|
| gptkbp:bfsLayer |
4
|