Answer:
Section 5 of the FTC Act
Explanation:
Section 5 of the FTC Act prohibited companies to make "deceptive actions" during all activities in a commerce.
In marketing, this section of the Act prevented companies to falsely promoting their products. They're required to truthfully listed all ingredients of the product and banned from making claim that are misleading to the consumers.
For example, you can't claim a drug that you sell can cure cancer without proper authorized researches to back it up.
Corinne is very excited because she works with a new company that uses due diligence to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".
<h3>What is Due Diligence?</h3>
This refers to the conscious steps which a person takes in order to ensure that he is not committing an offense or taking a good background check.
Hence, we can see that because of Corinne's work with a major electronics company, she is charged with doing due diligence on the raw materials to ensure that they are not "conflict metals. ".
Read more about due diligence here:
brainly.com/question/26383473
Answer:
PV= $37,204.70
Explanation:
Giving the following information:
Interest rate= 6% compounded semiannually= 0.03
Future value= $50,000
Number of periods= 5*2= 10
To calculate the initial investment to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 50,000/(1.03^10)
PV= $37,204.70