Millie ordered clothes from a mail order catalog. No time was specified as to when the goods would be shipped. In such a case the FTC requires that the company must ship the goods to Millie
a. within 3 business days after receiving the order.
b. within 10 business days after receiving the order.
c. within 30 days after receipt of the order.
d. within a reasonable time and within time lines consistent with industry standards.
c
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Consider Figure 4.2. With free trade, the United States achieves market equilibrium at a price of ____. At this price, ____ of steel are produced by U.S. firms, ____ are bought by U.S. buyers, and ____ are imported.
a. $450, 5 tons, 60 tons, 55 tons
b. $475, 10 tons, 50 tons, 40 tons
c. $525, 5 tons, 60 tons, 55 tons
d. $630, 30 tons, 30 tons, 0 tons
Which of the following is NOT a trend that is expected to provide new opportunities for marketers?
A) changing demographics B) declining levels of patriotism C) technological advances D) proliferation of information E) globalization
Cooper, the owner of a small bicycle manufacturing company, is striving to keep his organization running smoothly while remaining profitable in a highly competitive market. Cooper chooses process implementation to give his company a competitive edge over others. Which of the following principles is he most likely to implement?
A. enhancing services B. differentiating products C. reducing costs D. creating new products E. redesign existing products
In an E-R diagram, a(n) ________ on a line means that at least one entity of that type is required.
A. wave B. arrow C. triangular block D. small oval E. vertical bar