Letters of credit may be either revocable or irrevocable.
a. True
b. False
Indicate whether the statement is true or false
Question 2
In Telebrands v. FTC the FTC sued a company selling an electronic muscle simulation abdominal belt, which the FTC claimed did nothing, but the good looking models in the ads implied that people using the product would become slim. The appeals court held that:
a. Telebrand did nothing wrong because everyone knows that electronic muscle simulation is not a legitimate way to lose weight
b. Telebrands's compare and save strategy was not transferable to other products, which contributed to the court's decision to reverse the district court's order against the company
c. Telebrands's compare and save strategy was transferable to other products, which contributed to the court's decision to reverse the district court's order against the company
d. Telebrands's compare and save strategy was not transferable to other products, which contributed to the court's decision to uphold the district court's order against the company
e. none of the other choices are correct
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