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2 years ago

In marketing and sales communications, it is illegal to use bait-and-switch advertising

1 answer:

3 0

Bait and switch procedures are regularly taken into consideration to be a form of fraud, and consequently illegal. Therefore, the given statement is true.

<h3>What is Bait and Switch operation?</h3>

A “bait and switch” takes area when a dealer creates an attractive however ingenuine provide to promote a product or service, which the vendor does now no longer surely intend to promote.

For example, If the store has deliberately run the advert while not having the object in stock, that is bait and switch.

Bait and switch scams can fall under some of the violations, from breach of settlement to fake advertising.

Therefore, Bait and switch procedures are regularly taken into consideration to be a form of fraud, and consequently illegal. The given statement is true.

learn more about Bait and switch procedures here:

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Answer:

Email to case

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3 years ago

The Golden Rule means to treat others the way you want to be treated. This should prevent you from being rude, ugly, mean, disho

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Answer:

True

Explanation:

You should always treat others the way you want to be treated. If you were the one who could be treated badly, would your actions be different?

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3 years ago

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A local restaurant owner is considering expanding into another rural area. The expansion project will be financed through a line

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B) $2,500 per month rent.

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Incremental cash flows do not include interest payments on investment capital, since the cash flows should be equally generated if you invest your own money, another partner invests his money or someone else lends it to you. The same logic applies to the administrative costs of the credit line.

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4 years ago

Jim Busby calls his broker to inquire about purchasing a bond of Disk Storage Systems. The broker quotes a price of $1,180. Jim

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Answer:

Jim Busby and Bonds of Disk Storage Systems

The new price of the bond is:

= $21,059

Explanation:

a) Data and Calculations:

Quoted price of bond = $1,180

Face value of bond = $1,000

Coupon interest rate = 14%

Bond's maturity period = 25 years

Current yield to maturity = 12%

Therefore, new price of the bond is computed as follows:

Bond Price = C* (1-(1+r)-n/r ) + F/(1+r)n

where C = Periodic coupon payment = $140 ($1,000 * 14%)

• F = Face / Par value of bond = $1,000

• r = Yield to maturity (YTM) = 12% and

• n = No. of periods till maturity = 25 years

= $140 * (1 – (1+0.12)^-25)/0.12 +$1000/(1+0.12)^25

= $140 * (1 - -17.00)/0.12 + $1,000/17.00

= $140 * (18.00)/0.12 + $1,000/17.00

= $140 * 150 + $59

= $21,000 + $59

= $21,059

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3 years ago

Gross Domestic Product (GDP) includes _____ goods and services.

Elena L [17]

Last year's goods and services.

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3 years ago

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