The FTC is empowered to enforce rules of trade regulation that define unfair or deceptive actions or practices in great detail and to report to and advise Congress on legislative matters related to the economy. This is further explained below.
<h3>What is the federal trade commission?</h3>
Generally, The Federal Trade Commission (FTC) is a non-departmental executive body of the United States government charged with protecting consumers and enforcing federal antitrust laws.
In conclusion, The FTC is empowered to enforce laws of trade regulation that define unfair or deceptive actions or practices in great detail, and it may also report to Congress on economic matters and provide policy suggestions.
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According to the definition of market value an appraiser should ignore the concessions, complete the appraisal, and select appropriate comparables if there are special or creative financing terms present for the subject property.
<h3>What is market value?</h3>
- The price at which an asset would trade in a competitive auction environment is known as its market value, or OMV.
- Despite the fact that these phrases have different meanings under various standards and can have variations in some situations,
- market value is frequently used interchangeably with open market value, fair value, and fair market value.
- You would multiply the total number of outstanding shares by the current share price to determine a company's market value.
- If ABC Limited, for instance, has 50,000 shares outstanding at a price of $25 apiece, its market value would be $1.25 million (50,000 x $25).
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Answer:
Wilbur cannot rescind the contract based on his unilateral mistake.
Explanation:
Lets suppose that I made an offer of $1000 which you accepted to buy my car on a phone call for $1000 and later in the same day a person offered me more money for the same car and I sold the car to him. You went to court and I said that I mistakenly made an offer of $1000 which means that every person who revoke the clauses will make lame excuses in the court. If this act is permitted then the law gives the people free hand whatever they desire to do with the contract. So for this reason this act was considered unethical and the court said that the mistakes that are unilateral are not be rescind.
Answer:
A case of corporate social responsibility for the environment.
Explanation:
Note that the proposed buildings would be close to a wild life reserve.
The company took the right step inorder to fulfill its responsibility to preserve and protect the environment (wild life reserve) by scheduling a meeting with Green Sands's representatives to make choices about the property that are agreeable to both sides.
