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erastovalidia [21]
3 years ago
13

When Ronaldo bought his new flat-screen television, he was surprised at the cost differences between some of the models. When he

asked the salesperson for help, the salesperson assured him that the lower-end models could display the same high-definition channels as the more expensive ones. Since he was on a tight budget, Ronaldo took the salesperson's advice and bought a cheaper model. Only when he got his TV home did Ronaldo realize that he needed to purchase an expensive converter box in order to actually receive HD channels. Which of the following statements is true about this scenario?
a. he salesperson engaged in deception by lying.
b. he salesperson engaged in deception by falsification.
c. he salesperson engaged in deception by omission.
d. he salesperson engaged in deception by misleading.
Business
1 answer:
Butoxors [25]3 years ago
7 0

Answer:

c.

Explanation:

Based on the information provided in the question regarding this situation, it seems that the salesperson engaged in deception by omission. This means that the salesperson told Ronaldo what he wanted to hear in order to close the deal. Even though the salesperson did not lie, he failed to mention an extremely important detail that Ronaldo needed to know in order for the rest of the information provided by the salesperson to hold true. Since the salesperson kept this information to himself in order to close the deal he has deceived Ronaldo.

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Sally and Dan must pay 2 points on their new $65,000 loan. What will they have to pay at closing for the points?
gayaneshka [121]

Answer:

correct option is B. $1,300

Explanation:

given data

loan = $65,000

pay = 2 points

solution

As we know normally point worth = 1%

and they pay 2 point so that

2 point = 2 % = 0.02

so pay at closing for the points will be

pay closing for the points = 0.02 × loan amount .....................1

pay closing for the points = 0.02 × $65000

pay closing for the points = $1300

so correct option is B. $1,300

8 0
3 years ago
Determinants of how long a firm should borrow money include?
mario62 [17]

Determinants of long a firm should borrow money include are:

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⇒the cost of inventory

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The term "capital structure" describes how a company decides to finance its projects and assets through a combination of internal resources, debt, and equity.

To lower their risk of insolvency, remain effective, and ultimately maintain or become profitable, a company should determine the ideal debt to equity ratio.

The capital structure of a company is influenced by a wide range of variables, including leverage or trading on equity, company growth, the nature and scale of the business, the desire to maintain control, the flexibility of the capital structure, investor requirements, the price to float new securities, the timing of the issue, the corporate tax rate, and the legal requirements.

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4 0
1 year ago
Describe one specific way that taxes impact businesses. Describe another way that taxes impact individuals.
adelina 88 [10]

Answer:

By influencing incentives, taxes can affect both supply and demand factors. Reducing marginal tax rates on wages and salaries, for example, can induce people to work more. Expanding the earned income tax credit can bring more low-skilled workers into the labor force.

I think it might help you

7 0
2 years ago
Millions of people from Mexico have migrated to the United States. This has reduced the supply of labor in Mexico and increased
frutty [35]

Answer:

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While in the US, the supply of labour would fall. This would increase wage.

I hope my answer helps you

8 0
3 years ago
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Sholpan [36]
4.

Potential GDP is the maximum output when there is full employment of resources or the factors of production.
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3 years ago
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