Industry Regulations Flashcards
7 cards from real CSP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Industry Regulations flashcards as text
A CSP collects attendee email addresses at a live event. Which regulation most directly governs how they may use these addresses for future marketing?
Answer: The CAN-SPAM Act
The CAN-SPAM Act establishes requirements for commercial email, including the right to opt out and honest subject lines, which applies to speakers marketing their services.
Under NSA guidelines, how should a CSP handle a situation where they are asked to deliver a keynote that contradicts their publicly stated values?
Answer: Decline or negotiate topic adjustments, as authenticity and ethical alignment are professional obligations
NSA ethics support speakers maintaining personal and professional integrity, which includes the right to decline engagements that conflict with their values.
Which of the following best describes 'independent contractor' status as it relates to most professional speaking engagements?
Answer: Speakers are typically classified as independent contractors, responsible for their own taxes and insurance
Professional speakers are generally classified as independent contractors, meaning clients do not withhold taxes and speakers must manage self-employment tax obligations.
What is the primary purpose of errors and omissions (E&O) insurance for professional speakers?
Answer: To protect speakers from claims arising from mistakes, inaccuracies, or negligent advice in their presentations
E&O insurance protects professional speakers if a client claims they suffered financial harm due to incorrect information or advice given during a presentation.
A CSP gives advice during a keynote that an attendee follows and subsequently suffers financial loss. What legal concept determines whether the speaker bears liability?
Answer: Negligence — whether the speaker owed a duty of care and breached it
Negligence law requires proving duty, breach, causation, and damages, and whether a speaker is liable depends on whether reasonable care was exercised in the advice given.
Which NSA membership requirement directly relates to regulatory compliance for using the CSP designation?
Answer: Meeting minimum revenue and presentation volume thresholds and adhering to the NSA Code of Professional Ethics
The CSP designation requires documented proof of speaking activity, revenue, and client evaluations, alongside ongoing adherence to the NSA Code of Professional Ethics.
When a speaker's contract includes a 'kill fee' clause, what does this protect?
Answer: The speaker from losing all income if the organizer cancels after preparation work has begun
A kill fee compensates the speaker for preparation time and lost opportunity when an organizer cancels an engagement after the speaker has begun preparation.