If a salesperson says, "This is a great car and it's really fun to drive," but the car turns out to be a lemon, the salesperson has committed fraud
Indicate whether the statement is true or false
False
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If the product or service offered by a franchisor has not been tested, it should appear on the Federal Trade Commission (FTC) franchise notice
Indicate whether the statement is true or false
?Which of the following companies is the best example of a service marketer?
A. ?FedEx B. ?Sony C. ?Abercrombie & Fitch D. ?The Democratic Party E. ?General Electric
If a person accepts the benefit of an unauthorized transaction entered into by an agent or fails to repudiate it, then he is as bound by the act as if he had originally authorized it
Indicate whether the statement is true or false
________ bankruptcy calls for a company to cease business, sell remaining assets, and distribute the proceeds as governed by a bankruptcy court
A) Reorganization B) Chapter 11 C) Chapter 7 D) None of the above