Omar sends Nell an e-mail ad touting software that will cloak its user in "the anonymity of the Internet." Nell pays Omar for the software, which is never delivered to her. This is online
A. auction fraud.
B. puffery.
C. retail fraud.
D. frustration but not fraud.
Answer: C
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Which of the following is a reason why a target-return pricing approach does not necessarily
result in an optimum profit for a firm? A) The target-return pricing approach is too complex and expensive to implement. B) The target-return pricing approach is highly influenced by the prices set by competitors. C) The target-return pricing approach ignores the current demand for the product. D) The target-return pricing approach uses the perceived value of the product as a basis for setting the final price.
As a general rule, audiences do not want to be in tune with a speaker during a presentation
Indicate whether the statement is true or false
There are many options available to consumers when it comes to breakfast cereals. So, if Kellogg's significantly increases the price of Rice Krispies, consumers are more apt to buy alternate cereals instead. This illustrates which concept?
A. cross-price elasticity B. the break-even point C. the target return effect D. the income effect E. the substitution effect
Which of these elements determine the existence of a bailment?
a. A separation of ownership and possession of the property. b. A duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions. c. Neither of these. d. Both a separation of ownership and possession of the property and also a duty on the party in possession to redeliver the identical property to the owner or to dispose of it according to the owner's directions.