Elise and many other consumers complain to the Federal Trade Commission (FTC) that a Faux Diamonds Company ad is deceptive. The FTC's first step is to

a. draft a formal complaint.

b. investigate.

c. issue a cease-and-desist order.
d. order restitution.


b

Business

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Which statement below did the textbook not use to describe oral communication?

a. You can record and archive them b. The informal nature means that the message can get lost or misunderstood c. Feedback is immediate d. The message is sent and received almost instantaneously

Business

Which regional trade area was formed in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand?

a. CARICOM b. The Mercosur c. ASEAN d. The Asia Pacific Economic Cooperation Group (APEC)

Business

Using an ? = 0.04 a confidence interval for a population proportion is determined to be 0.65 to 0.75 . If the level of significance is decreased, the interval for the population proportion

a. becomes narrower b. becomes wider c. does not change d. remains the same

Business

The sole way that a firm can repay its bonds is by making the coupon and principal payments as specified in the bond contract

Indicate whether this statement is true or false.

Business