Which organization is abbreviated as FTC?

The organization abbreviated as FTC is the Federal Trade Commission. This agency is an influential part of the U.S. government, established to protect consumers and promote competition. It oversees and enforces laws against deceptive or unfair business practices, which is critical in various sectors, including marketing, advertising, and financial transactions.

The Federal Trade Commission plays a significant role in regulating aspects of electronic transactions and consumer protection, ensuring that operating standards are maintained to safeguard the interests of both consumers and businesses. This relevance to consumer rights makes it an essential organization in discussions related to compensation and ethical business practices within the Electronic Transactions Association's domain.

The other options, while they may sound relevant, do not correspond with the widely recognized functions or established entities within the same context. The Financial Transactions Council and the Financial Trust Corporation do not have significant recognition or functions aligned with the competitive and consumer protection objectives associated with the FTC. Similarly, the Federal Telecommunications Committee does not exist as an official entity; rather, the Federal Communications Commission (FCC) governs telecommunications. Thus, the Federal Trade Commission is the clear and correct answer.