A company advertises that test driving a car from New York to Los Angeles got 35 miles per gallon. That is true, but the mileage was achieved by carefully driving at the speed limit, which resulted in better mileage than the ordinary driver gets. Under the FTC deception policy, this ad is:

a. not deceptive because the ad has no impact on consumer behavior
b. not deceptive by definition if the company can provide documents that show that the tests were accurate c. deceptive because the ad omits important facts and fails to provide full information
d. deceptive because the ad will mislead consumers who do not know how such mileage tests are conducted e. none of the other choices


e

Business

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In both MLA and APA, you arrange the works you reference

a. numerically by year with the earliest works first. b. numerically by year with the most recent works first. c. alphabetically by last name. d. alphabetically by first name.

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Prior to the Great Recession of 2008/2009, American consumer spending was careful and restrained

Indicate whether the statement is true or false

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A major ethical challenge related to the preparation of routine reports is—

a. trying to write in an interesting style about routine matters. b. the fact that routine reports contain insignificant data. c. the need to maintain objectivity in routine reports. d. deciding who should receive the report.

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The prices of 1, 2, 3, and 4-year zero coupon government bonds are 95.42, 90.36, 85.16, and 78.81, respectively. What is the implied 2-year forward rate between years 2 and 4?

A) 4.8% B) 5.2% C) 5.5% D) 6.4%

Business