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Question description a.Explain the distinctions between ethics and morals. b.In 1997, the Food and Drug Administration loosened its controls on pharmaceutical companies, and as a result, the amount of prescription drug advertising has skyrocketed. What is a disadvantage of this regulatory change? c.Explain the “Reasonableness” element of the current FTC policy on deception. d.Explain the “Injurious” element of the current FTC policy on deception. (24 points)(A 1½-page response is required.)

Question description

a.Explain the distinctions between ethics and morals.

b.In 1997, the Food and Drug Administration loosened its controls on pharmaceutical companies, and as a result, the amount of prescription drug advertising has skyrocketed. What is a disadvantage of this regulatory change?

c.Explain the “Reasonableness” element of the current FTC policy on deception.

d.Explain the “Injurious” element of the current FTC policy on deception. (24 points)(A 1½-page response is required.)

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