False, deceptive, or misleading advertisements are prohibited by law. Which of the following would be considered prima facie evidence of false advertising?
a. The name of the broker is inadvertently misspelled in a display ad.
b. An ad for the sale of a house fails to disclose the selling price
c. An ad implies that the yield on a note is higher than the note's actual interest rate
d. An ad is placed that includes a map suggesting the wrong location of the property
Answer: d. An ad is placed that includes a map suggesting the wrong location of the property
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________ is a tort doctrine that makes manufacturers, distributors, wholesalers, retailers, and others in the chain of distribution of a defective product liable for the damages caused by the defect, irrespective of fault
A) Absolute liability B) Contingent liability C) Superior responsibility D) Strict liability
Four companies that dominated the Canadian market for frozen ice cream pies had repeatedly got together over 5 years and agreed on the prices they would charge for their products
Finally Alison Reid, the secretary to the president of Ice Treats Inc called the Competition Bureau and said that the companies had been price fixing for 5 years. The Competition Bureau first contacted Ice Treats and it admitted what it had done and gave the Competition Bureau records it had showing their agreements with the other companies. As a result which of the following statements is FALSE? A) Alison is a whistleblower and the Competition Bureau cannot reveal her name B) Ice Treats can fire Alison for what she has done C) Ice Treats my receive immunity or leniency from the Competition Bureau D) executives at the company could face up to 14 years in jail and the companies could be fined up to $25 million E) a class action could be brought against these four companies