Under FTC rules, when a customer legally cancels a door-to-door sales contract, the seller must return the buyer's money within
A. 3 days.
B. 5 days.
C. 10 days.
D. a "reasonable time" after the sale was made.
Answer: C
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Which of the following best describes CRM?
A) Certificate for Record Management; awarded by the MRA after passing certain record-keeping requirements B) Customer Relationship Management; the use of internal databases to strengthen customer relationships C) Certified Record Manager; awarded by the MRA for successfully passing a series of courses related to database management D) Customer Recognition Managers; used to identify customers from non-customers primarily in airports for purposes of security E) none of the above; there is no such thing as CRM
What are private and public employment agencies? Explain the differences between the two types of agencies.
What will be an ideal response?
Which of the following is true of duress?
A) It is liable for fraud. B) A threat should involve physical harm for it to be actionable as duress. C) It is a threat issued to make another person sign a contract. D) Intoxicating a person to sign a contract is considered duress.
Which of the following refers to the assets resulting from the exchange or disposal of collateral subject to a security agreement?
A) sale proceeds B) future advances C) floating lien D) after-acquired property