Which of the following statements about the legal-political environment is true?
A. The two broad categories of laws that are particularly relevant to salespeople are Federal Trade Commission regulations and state cooling-off laws
B. Antitrust laws have no impact on sales activities
C. The number of laws regulating personal selling and all other aspects of conducting business have decreased dramatically over the last three decades
D. A salesperson's claim that the refrigeration unit he was selling would keep food cold even if the electric power was off for six days could have legal consequences, but not ethical, because the salesperson was simply trying to make a sales when he made that statement
E. Many salespeople are unaware that they assume legal obligations every time they approach a customer
Ans: E. Many salespeople are unaware that they assume legal obligations every time they approach a customer
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a. True b. False Indicate whether the statement is true or false
If the spot rate for the British pound is $1.5077 and the 180-day forward rate is $1.4934, what is the approximate annualized forward premium (discount)?
A) premium of 1.90% B) premium of 0.97% C) discount of (-)1.90% D) discount of (-)0.97%