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Which federal acts should licensees be familiar with when prospecting and soliciting for new business?

  1. Do not call implementation act, CAN-SPAM act, and Junk Fax prevention Act

  2. Do not call implementation act, sherman act, and unfair trade practices act

  3. Human relations Act, Fair housing act, and americans with disabilities act

  4. Sherman act, Clayton act, and unfair trade practices act

The correct answer is: Do not call implementation act, CAN-SPAM act, and Junk Fax prevention Act

Licensees should be familiar with the Do Not Call Implementation Act, CAN-SPAM Act, and Junk Fax Prevention Act when prospecting and soliciting for new business. These acts specifically regulate and prohibit unsolicited communications for marketing purposes, including phone calls, emails, and faxes. Option B, D, and C are incorrect because they do not pertain to the regulations and restrictions placed on prospecting and soliciting for new business. The Sherman Act, Clayton Act, and Unfair Trade Practices Act are related to antitrust laws and unfair competition, while the Human Relations Act, Fair Housing Act, and Americans with Disabilities Act focus on discrimination and fair treatment in specific contexts. It is important for licensees to be familiar with all applicable federal acts to ensure compliance and avoid potential legal issues.