Question: Montgomery Ward a nationwide store chain advertised certain products as
Montgomery Ward, a nationwide store chain, advertised certain products as unconditionally guaranteed. When customers bought these products, however, the packages contained printed guarantees that had conditions attached. The FTC brought suit to enjoin this practice as being an unfair method of competition and deceptive advertising. Ward’s defense was that no one was harmed by this practice because it honored all guarantees as if they were as advertised. Is this defense a good one?
Relevant QuestionsResort Co. used the trade name Dollar- A- Day for its auto rental company. When people who wished to rent cars inquired, they were told that the rental was obviously more than $ 1 per day. The rental Marshall borrowed $ 1,000 from a bank, payable at the end of one year at the highest legal interest rate permitted in that state. The bank gave Marshall only $ 750, however, keeping the other $ 250 as part of the “cost” ...Friendly agreed to act as surety on a loan given by Ace Finance Company to James. When James could not repay the loan, Ace came directly to Friendly for payment without attempting to get the money from James. Friendly ...On January 17, the Arleys purchased insurance on some property they owned in Nevada. At the request of their broker, the insurance company backdated the policy five days, making it effective January 12. The insurance company ...Cichowlas applied to Life Insurance Co. for a policy of life insurance, naming his wife as beneficiary of the policy. When he applied, his health was good and he answered all questions truthfully. Between the time of the ...
Post your question