Treble damages are available in a civil suit for violation of Section 5 of the Federal Trade
Commission Act.
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FALSE
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Product X sells for $20 per unit and has variable costs of $10 per unit. If the fixed costs amount to $45,000, the breakeven point will be:
A) 4,500 units. B) 1,500 units. C) 2,250 units. D) 6,225 units.
Commercial vendors who provide sales training offer courses based on:
A) Universal Sales Theory B) the theories of Dale Carnegie and Napoleon Hill C) a variety of sales approaches dating back decades D) modern sales approaches that have been regression-tested E) graduate-level MBA sales work
Competitors cannot agree on prices for their products without violating the law
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The owner of a dog will always be strictly liable if the dog bites someone
Indicate whether the statement is true or false