Why is the California Telephonic Seller $100,000 Bond Required?

The California Telephonic Seller $100,000 Bond is a financial guarantee required by the California Attorney General's Office for businesses engaging in telephone-based sales to protect consumers from fraud and unethical practices. This bond ensures that telephonic sellers comply with California's telemarketing laws and provides a form of restitution if they engage in deceptive or unlawful activities. If a seller violates regulations, consumers or the state can file claims against the bond to recover financial losses.

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