Of the following possible sources of credit, which typically has the lowest borrowing rates?
A) Savings and loans
B) Personal finance company
C) Credit union
D) Commercial bank
Answer: C
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Legislation in some provinces has made changes to contract law for the benefit of the consumer. Which of the following is an example of a consumer protection law?
A) The provisions for electronic (i.e., by computer) acceptance of an offer. B) The banning of negative option marketing - i.e. the practice of making a consumer "opt out" of a contract. C) The enactment of a cooling off period, allowing a purchaser to back out of a contract if he changes his mind within a specific period of time D) Both B and C E) All of the above
The same act can be both a tort and a crime
a. True b. False Indicate whether the statement is true or false
Using the data in Table 11-1, what is the latest possible time that C may be started without delaying completion of the project?
A) 0 B) 4 C) 8 D) 10 E) None of the above
In its ads, Crunchy Inc makes various claims about its snack products. Crunchy's advertising claims would most likely be deemed deceptive if the claims A)?mislead a reasonable consumer
B)?contain vague generalities. C)?consist of what is known as puffery. D)?include obvious exaggerations.