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:
brainly.com/question/981097
#SPJ1
Answer:
Changes based on supply and demand
Explanation:
The rate at which one currency is exchanged for another currency is known as the exchange rate. The exchange rate explains the relationship between the value of one country's currency and another country's currency.
The exchange rate for a stable country remains the same unless there is changes based on supply and demand.
The $3,700 (PV: $25,166.26) cash flow stream has the higher present value than the $5,500 (PV: 23,168) cash flow stream if the discount rate is 6 percent. The $5,500 (PV: 15.750.02) cash flow stream has the higher present value than the $3,700 (PV: $14,009.25) cash flow stream if the discount rate is 22 percent.
Answer:
The number of new shares that will be issued is 3,000 shares.
Explanation:
A stock dividend can be desctibed as dividend that paid to shareholders in shares instead of paying it in cash to the shaeholders.
From the question, we are given the following:
Number of shares outstanding = 30,000
Planned stock dividend percentage = 10%
Therefore, the number of new shares that will be issued as stock dividend to the shareeholders of Storico can be calculated as follows:
Number of new shares to issue = Number of shares outstanding * Planned stock dividend percentage = 30,000 * 10% = 3,000
Therefore, the number of new shares that will be issued is 3,000 shares.
The statement that as a franchisee, Liam is guaranteed the right to retain all of his franchise's revenues and profits is false.
Franchisees usually pay a royalty to the franchisor - the party that gets <span>the right to market a product or service using the trademark or trade name of another business (franchisee)</span>. The royalty can be a share of the franchisee's revenues or a share of the franchisee's profits.