Consumer vulnerability occurs when a person has an impaired ability to make an informed consent to the market exchange.
Answer the following statement true (T) or false (F)
True
Consumer vulnerability occurs when a person has an impaired ability to make an informed consent to the market exchange.
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What state laws prevent corporations from issuing worthless securities?
a. Securities Act of 1933 b. blue-sky laws c. freedom of information laws d. Maloney Act e. Securities Investor Protection Insurance Corporation
Offers that do not state that they are irrevocable can be revoked any time before the offeree dispatches an acceptance
Indicate whether the statement is true or false
Which of the following is an example of private insurance?
A) unemployment insurance B) Social Security C) life insurance D) federal deposit insurance
The United States economy is a free enterprise system. It is also referred to as a "free trade system" because it is based on ________.
A. voluntary exchange B. gambling and chance C. involuntary exchange D. government cooperation