SWOT and PESTEL analysis are examples of _________ devices.
a. Sense-breaking
b. Sense-giving
c. Sense-making
d. None of the above
c. Sense-making
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In Vagias v. Woodmont Properties, Vagias wanted to buy a house in Montville. He told his real estate agent that he wanted to buy in that location because of the school district's reputation. The agent showed him a house in a development called "Woodmont Court at Montville." Vagias asked if the house was within the jurisdictional limits of Montville. The agent and a representative for the builder, neither of whom were familiar with the township boundaries, assured him it was within the city limits. Vagias bought the house but was unable to enroll his son in the school district because the property was outside the city limits. Vagias sued, claiming he paid a premium for the house based on the school district's reputation. The homebuilder argued that the misrepresentations were
unintentional and that Vagias did not suffer a loss in the value of his home. The court held that A. Woodmont was liable because the real estate agent showed Vagias a house that did not meet his requests. B. Woodmont was not liable because the New Jersey Consumer Fraud Act does not apply to real estate. C. Woodmont was not liable because the misrepresentation was not intentional. D. Woodmont was liable because the location of the house was the basis of the bargain and the misrepresentation was affirmative, thus meeting the requirements of the New Jersey Consumer Fraud Act.
Anchoring heuristic comes in to play when consumers base their predictions on the quickness and ease with which a particular example of an outcome comes to mind
Indicate whether the statement is true or false
The pro forma income statement is not a component of the
a. master budget. b. financial budgets. c. operating budgets. d. capital budget.
Libel tourism is
a. enforcing a foreign libel judgment against a writer in the United States. b. financing terrorist groups with damages awarded in foreign libel cases. c. forum shopping on an international scale. d. restricting the free speech of international tourists.