Georgene Creason is selling time-shares in her Wildacre subdivision. She mailed advertisements to 10,000 people, offering them the chance to win a prize, but did not reveal that in order to be eligible, the person must visit Wildacre and listen to a sales presentation. All of the prize winners had become owners in Wildacre. Is there anything wrong with this situation:
A: Yes; property owners must be excluded from the list of eligible participants;
B: Yes; anyone offering prizes or gifts must reveal any required attendance at a sales presentation when offering the prize or gift;
C: No; prizes may be offered as part of any undisclosed sales presentation;
D: No, as long as all of the winners are also owners of property in the subdivision.
Answer: B: Yes; anyone offering prizes or gifts must reveal any required attendance at a sales presentation when offering the prize or gift;
Business