Final answer:
CV OTC drugs can be sold if they are FDA approved and if their advertising follows the specific indications for which they are approved, ensuring a fair representation of benefits and risks.
Step-by-step explanation:
For a Schedule V (CV) over-the-counter (OTC) drug to be sold, there are two key conditions that must be met beyond quantity limitations. First, the medication must have been through an approval process by the Food and Drug Administration (FDA) to ensure it is both safe and effective for use without a doctor's prescription. Second, the drug can only be advertised for the specific indications or medical uses for which it was approved by the FDA, and its advertisement must maintain a "fair balance" between the benefits and risks, adhering to advertising and promotion regulations handled by the Federal Trade Commission.
The control of drug advertising includes ensuring that companies only promote drugs for the officially approved uses and that there is an even-handed representation of the product's advantages and possible side effects. This serves to protect consumers from misleading claims and potential misuse of medications.