The Federal Trade Commission enforces laws against deceptive advertising. Briefly discuss three types of deceptive advertising that would be considered illegal

What will be an ideal response?

In general, advertisers must have documented proof of any claims made in an advertisement. In other words, they cannot make unfounded exaggerated claims of product superiority or efficacy that can be proven false. Marketers cannot advertise an inflated retail price along with a discount. Instead, any advertised "retail price" must be the prevailing price for the product in the retailer's geographic area. Finally, so-called bait-and-switch tactics are illegal. This refers to the practice of advertising a low-priced item with no intention of actually offering it for sale; instead, retailers switch customers to a higher-priced item once they enter the store.

Business

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Cool Stools Corporation has income before taxes of $400,000 and a pretax extraordinary loss of $100,000. If the income tax rate is 25%, the income statement should show income before irregular items and extraordinary items, respectively, of

A. $325,000 and $100,000 B. $325,000 and $75,000 C. $300,000 and $100,000 D. $300,000 and $75,000

Business

Which of the following entities does the ECPA permit to access stored electronic communication?

A) law enforcement entities performing an investigation B) the owner of the website where the user has an e-mail account C) the Internet service provider D) the bank where an account holder keeps his finances

Business