Tashoff sold eyeglasses at his store. He advertised eyeglasses “from $ 7.50 complete, including lenses, frames, and case.” The facts showed that of 144 pairs of glasses sold during each year, fewer than 10 were sold for $ 7.50. The FTC argued that this was a clear example of bait- and- switch advertising. Do you agree?
Answer to relevant QuestionsAs you read through the chapter, what would you say are the advantages to a company if it establishes and maintains good ethical standards of behavior in the company? Greer failed to make three payments on a music store installment purchase. A debt collector advised Greer that the store would sue her if the payments were not made up. Is this statement a violation of the Fair Debt ...Steele, while a patient in a hospital, let a friend use her credit card to buy one tank of gasoline for a trip to Cleveland. The friend not only used the card to buy many other things but also let friends use the card. ...Johnson applied for fire insurance on his boat. He paid a premium and received a binder that stated: “This policy not effective until the property insured is inspected and the policy is approved by the company.” Before ...Describe and explain the differences among the three basic types of life insurance policies.
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