The Federal Trade Commission (FTC) requires that if advertisers present a claim as fact, then that claim must be true. The FTC also allows advertising to contain a certain amount of exaggeration about the general delight of using a product. Advertising tends to produce... O A well-informed public. O Imperfect information. O Perfectly competitive markets. Billions of dollars of revenue.
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- A woman sued Taco Bell for deceptive advertising, claiming its tacos had far less beef than advertised. Taco Bell, understanding the potential damage to its brand, immediately went on the defense and filed a countersuit. In addition, Taco Bell’s CEO posted a video statement and essentially released its recipe for seasoned beef which contained 88 percent beef that is 100 percent USDA inspected. Was this enough for Taco Bell to do to avert a PR crisis? What else could they have done?42- Microsoft creates software, including the Windows operating system and MS Office, for general purposes. Identify the nature of the selling Microsoft is doing? a. Microsoft is engaged in online selling b. Microsoft is engaged in services selling c. Microsoft is engaged in industrial selling d. Microsoft is engaged in door to door sellingTrue or False 1. Commercial advertising is the communication between a seller and potential buyers that is publicly addressed to a mass audience and is intended to induce several members of this audience to buy the seller’s products. 2. Proletariat according to Marx, is the class that owns the means of production.
- Which of the following shows the correct answer for examples of fanciful trademarks? Adidas, a shoe company: Non-Example; Staples, an office supply company: Non-Example; Adidas, a shoe company: Non-Example; Staples, an office supply company: Example Adidas, a shoe company: Example; Staples, an office supply company: Non-Example Adidas, a shoe company: Example; Staples, an office supply company: ExampleOf the following acts, which is an unfair method of competition, or an unfair or deceptive act or practice? Provide a comparison of insurer’s financial soundless that is accurate Make an accurate statement as to an insurer’s claim practice Using the premium fund trust account within intent to indicate a production goal Provide a fair comparison of policy coverage of two different insurers(1) During the recent CoVid-19 pandemic, some employers mandated that all employees must be vaccinated to retain their jobs except the refusal is based on reasonable accommodation or pre-existing medical condition. · Give a comprehensive analysis of reasonable accommodation and pre-existing medical condition and state whether or not you think that the mandate was fair. (2) “If an employer plans to require its employees to get a COVID-19 vaccine, it should develop a written policy," · Develop a sample policy as a guide for employees to take the covid 19 vaccine.
- Daniel is the listing broker for a seller. After marketing the property for several weeks, he still has not received any offers on the property. The seller then advises Daniel to advertise specifically to Hispanic buyers since the seller believes Hispanic buyers are likely to purchase more quickly using all-cash. How should Daniel proceed? Group of choice O. Daniel should immediately withdraw from the listing agreement. O. Daniel must explain to the seller that advertising specifically to Hispanic buyers is a violation of the federal fair housing laws and not follow through with the seller's instructions. O. Daniel must adhere to his fiduciary duty of obedience and follow through with the seller's instructions. O. Daniel should explain to the seller that this is unethical but still proceed with the seller's instructions.Prego introduced a Pasta Bake Sauce, which called for uncooked pasta blended with pasta, sauce, meat, and cheese in a casserole. Legally, this product should only be labeled as new Multiple Choice until its advertising had been seen by every member of its target audience. if it was functionally the same as its salsa sauce. as long it retained these exact product characteristics. for the first six months that it was regularly available at a variety of grocery stores. until a competitor such as Ragu had issued a similar product targeted to the same market.Your former accounting professor recently contacted you because she knows that you currently work for an accounting firm that performs compilation services for several privately held mining companies. The professor requested data concerning whether your firm’s clients capitalize or expense certain environmental clean-up costs. Your clients discuss their accounting policies openly with you, but do not disclose these policies to outsiders. Your professor has agreed in writing to keep your clients’ accounting policies confidential. Because the professor is a member of the AICPA, and she will not achieve any financial gain, you may disclose the requested information to the professor. Select one: True False
- Critkal Thinking A woman sued Taco Bell for deceptiveadvertising, claiming its tacos had far less beef thanadvertised. Taco Bell, understanding the potential damage to its brand, immediately went on the defense andfiled a countersuit. In addition, Taco Bell's CEO posteda video statement and essentially released its recipe forseasoned beef, which contains 88 percent beef that is100 percent USDA inspected. 68Was this enough for Taco Bell to do to avert a PRaisis? What else could they have done?The Pizza PuzzleTopic: Deceptive AdvertisingCharacters: George Hansen, General Manager, Augusta Marigold Inn, Subsidiaryof Hospitality Enterprises,Sharon Coombs, Food Services Manager, Augusta Marigold Inn George Hansen is General Manager for the Marigold Inn in Augusta, Georgia. SharonCoombs is Restaurant and Food Services Manager for the Inn. She reports to George. Two years ago, Sharon noticed a decline in room service business, the highest margin portion of her operation. This decline coincided with an increase in the national sales of pizza delivery and carryout firms as well as an increase in the number of empty pizza boxes from these firms being left in guest rooms in the Inn. Her immediate response was to install a pizza oven in the kitchen and offer room service pizza to guests. The effort met with modest success, though it was well below her expectations. Questionnaires completed by departing guests revealed a problem of product quality. Focusing on this problem, Sharon…A few days before the end of the term of a two-year NDA (nondisclosure agreement) he signed witha startup company related to a possible patent, Frank interviewed with another startup and divulgedinformation covered by the agreement. The interview had been scheduled for a week later, in whichcase it wouldn’t have been an issue, but had been moved up when another job applicant dropped outand the company had an opening for an earlier interview. Frank reasoned that he had met the spiritof the NDA, and a few days early wouldn’t really matter. Besides, as it turned out, the company heinterviewed with wasn’t interested in that information, although they did hire him. What would youhave done if you were Frank?