Which of the following is an action the Federal Trade Commission (FTC) can take to require a company to spend money to rectify previous misleading ads with revised information?
A. corrective advertising
B. an advertising injunction
C. comparative advertising
D. a truth in advertising order
E. a cease and desist order
Answer: A
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Accounts payable
a. signs paychecks b. prepares the payroll voucher c. reconciles time cards and employee records d. distributes paychecks to employees
The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repair shop is an average of 40 repairs per day, while the actual repairs number an average of 36 per day. Given this information, the capacity efficiency percentage is ______.
A. (36/40) x 100% B. (36/60) x 100% C. (40/60) x 100% D. ((36 x 40)/60) x 100%
Payments on an installment note normally include the accrued interest expense plus a portion of the amount borrowed.
Answer the following statement true (T) or false (F)
An existing well is operating and the price of oil is $115 per barrel. The effective lease rate and risk free rate are 3.0% and 4.0%, respectively. The constant cost of extraction is $85 per barrel and the volatility of prices is 15.0%
If it costs nothing to shut down the well, at what price would we close the well? A) $41 B) $48 C) $52 D) $59