Palming off is a tort in which one company sells its imitation product by leading buyers to believe it is a different product or the "real thing."
Indicate whether the statement is true or false
True
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Collector Carl displays his beer can collection at the local swap meet. Mary sees the collection and is interested in buying it. Carl says he will sell the collection for $1,500 . Mary says she really likes the collection but is only willing to pay $1,000 . Which of the following is correct?
a. Mary's counteroffer terminates Carl's offer of $1,500. b. If Carl rejects Mary's counteroffer, she can still accept Carl's offer of $1,500. c. Neither offer is valid. Who would ever pay $1,000 or $1,500 for a beer can collection? d. Mary's offer is an option contract and she cannot revoke the offer.
Criterion deficiency refers to the extent to which the standards of an appraisal relate to the strategic objectives of the organization in which they are applied.
Answer the following statement true (T) or false (F)
Many established brands find that foreign markets offer the best opportunities for leveraging the equity in their domestic brands.
a. True b. False
In _____, many purchases may be based on impulse.
A. business-to-business e-commerce B. business-to-consumer e-commerce C. business-to-government e-commerce D. consumer-to-business e-commerce