B2B: TCPA and Bank Lottery Rules | Compliance Alliance

According to the provided definitions, what qualifies as an “Automatic Telephone Dialing System” or “Autodialer”?

a. Any telephone equipment used for marketing purposes.
b. Equipment capable of storing or generating telephone numbers and dialing them using a random or sequential number generator.
c. Devices used exclusively for emergency purposes.
d. Telephone systems with a clear and conspicuous notice.

2. What is the definition of “Telemarketer”?

a. The person receiving a telemarketing call.
b. The entity transmitting unsolicited advertisements.
c. The person or entity initiating a call to encourage the purchase, rental, or investment in property, goods, or services.
d. The person or entity responding to telephone solicitations.

3. How is “Telephone Solicitation” distinguished from “Telemarketing”?

a. Telephone Solicitation includes calls to individuals with prior express permission.
b. Telemarketing is limited to calls on behalf of tax-exempt nonprofit organizations.
c. Telephone Solicitation excludes calls to persons with an established business relationship.
d. Telemarketing specifically refers to calls from bank.

4. Which of the following situations is exempt from being classified as “Unsolicited Advertisement” under the TCPA?

a. Any material promoting tax-exempt nonprofit organizations without customer request.
b. Material transmitted to a person without prior express invitation or permission.
c. Material promoting the commercial availability of property, goods, or services without the recipient's invitation.
d. Material transmitted to a person with prior express permission.

5. How did telemarketers conduct mass communications before the TCPA, leading to consumer annoyance and privacy intrusion?

6. What significant provision did the FCC establish in 2003 under the TCPA to address telemarketing concerns?

7. Which regulatory bodies have the authority to enforce compliance with the TCPA for Banks?

8. According to the Lottery Rules, what element must be present for an activity to be considered a lottery?

9. How can banks potentially work around the lottery rules regarding consideration in promotions and contests?

10. What is considered “something of value” as per the definition provided in the context of bank lottery rules?

Quiz for B2B: TCPA and Bank Lottery Rules