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Vesna [10]
3 years ago
6

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) The salesperson engaged in deception by lying.
B) The salesperson engaged in deception by falsification.
C) The salesperson engaged in deception by omission.
D) The salesperson engaged in deception by misleading.
Business
1 answer:
Stella [2.4K]3 years ago
4 0

Answer:

c

Explanation:

lie is not the right term to use in this situation because the salesperson didn't really lie its more of he left some facts about the expensive converter box which is best expressed as omission

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What taxes apply to the benefits under an individual Disability Income Policy on which the insured has paid the premiums?
bagirrra123 [75]

Answer:

The correct answer is (A)

Explanation:

Taxes are used to increase government revenue, and to improve government budget. No tax is applied to the benefits under an individual disability income policy. There are various reasons why no tax is applied, but the major reason is that premiums are not deductible. Overall, governments usually don't apply taxes on individual disability income and generally give subsidies.

7 0
3 years ago
Complements stimulate the incentive to buy the original product because customers then will have a limited, exclusive supply to
Troyanec [42]

Answer:

Complements stimulate the incentive to buy the original product because customers then will have a limited, exclusive supply to use in conjunction with the main product.

Explanation:

Complementary goods are goods that are consumed together, so increase in demand for one results in increase in sand for the other. For example sugar and tea are complimentary goods.

It is found that compliments stimulate increased demand of the original product. Let's say we have a lot of sugar we can use with tea and tea level is low at home. The fact that I have a lot of sugar I can use with tea will motivate me to buy more tea, since I already have sugar I can use with it.

8 0
4 years ago
A price cap regulation​ _______. eliminates deadweight loss is often combined wit a government subsidy, which makes the market e
tensa zangetsu [6.8K]

Options:

A price cap regulation​ _______.

a. eliminates deadweight loss

b. is often combined with a government subsidy,

c. which makes the market efficient is a price ceiling

d. sets price equal to marginal cost

Answer:

<u>c. which makes the market efficient is a price ceiling</u>

<u>Explanation:</u>

Price ceilings are usually enforced in other to maintain an efficient market. They directed mainly to sellers which restricts the price of a commodity to a maximum amount.

A good example is the price of<em> gasoline</em>, in many countries, the law mandates a maximum price gas stations can sell.

8 0
3 years ago
In order to purchase the parts from the supplier, Torc Tools Corp. had to agree with all of the terms set forth in the document
Paha777 [63]

Answer:

Contract

Explanation:

From the question we are informed about instance, whereby In order to purchase the parts from the supplier, Torc Tools Corp. had to agree with all of the terms set forth in the document the supplier provided which detailed the rights and obligations of the supplier and Torc Tools Corp. In this case, This document is a type of contract. A contract can be regarded as written agreement that binds. Contracts can be explained as documents which define responsibilities as well as roles, and “Work” which is still under the construction Contract, this document can be seen as one that is legally-binding on involved parties, this could be between Owner and Contractor. It do contains information such as General Conditions as well as Special Conditions and Scope of Work.

3 0
4 years ago
All planning strategies have the goal of creating: a. sustainable competitive advantage. b. undifferentiated markets. c. barrier
yaroslaw [1]

Answer:

The correct answer is letter "A": sustainable competitive.

Explanation:

Companies direct all their efforts to create a sustainable and competitive advantage. It represents what makes the firm different from its competitors and what could lead it to success. Competitive advantage could be based on producing at lower opportunity costs (<em>comparative advantage</em>) or manufacturing a good with unique characteristics (<em>differential advantage</em>). The longer the company can manage its strategy over time (<em>sustainability</em>) the most efficient the organization should become.

5 0
3 years ago
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