A seller's failure to disclose a serious defect about a product for sale may give rise to an action for fraud.
Answer the following statement true (T) or false (F)
True
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Strategies for improving communication ethics do NOT include ______.
A. formal ethics training B. a formal code of ethics C. a corporate ethics committee D. a corporate ethics mentor program
Which of the following is not a reason cited in the text for the failure of the CAP and the APB as regulatory bodies?
a. The SEC did not officially endorse private-sector standard setting until 1973. b. The CAP and the APB lacked the necessary political structure to ensure their survival. c. Policy making was exposed to outside influence. d. There appeared to be no due process in the determination of accounting and disclosure rules.
In the VALS framework, each consumer segment exhibits unique media preferences. Which segment would be the most likely to read national newspapers?
A. Makers B. Experiencers C. Strivers D. Thinkers E. Believers
2/28 mortgages have a below market interest rate for some initial period because
A) the lender expects to receive higher payments after the readjustment. B) the borrower has a high credit score. C) initial rates are subsidized by the government. D) the lender shares in the appreciation in the market value of the home.