Legal and Regulatory Practice Test 2025 – Complete Exam Prep

A funeral home can change its General Price List (GPL) as often as it wants to, according to the Federal Trade Commission (FTC) regulations. The GPL is a vital document that lists the prices for various funeral services and merchandise, and the FTC allows funeral providers the flexibility to update prices in response to changes in costs, competition, or market conditions. This frequency of updates enables funeral homes to remain competitive and align their services with current economic factors. However, it's important that any changes made are accurately reflected in the GPL made available to consumers, ensuring transparency and compliance with the FTC's Funeral Rule. This ensures that customers are provided with the most up-to-date pricing information when making decisions related to funeral services.