Final answer:
The board may adopt rules restricting advertising or competitive bidding by a person regulated by the board to prohibit false, misleading, or deceptive practices.
Step-by-step explanation:
The statement in the question is true. The board has the authority to adopt rules that restrict advertising or competitive bidding by individuals or entities that are regulated by the board. However, these rules are generally intended to prohibit false, misleading, or deceptive practices by the regulated person. For example, a board may have rules that prevent a regulated professional from making false claims or misleading statements in their advertising or during competitive bidding processes.