Author Question: Which of these is most likely to be attacked by the FTC as a deceptive business practice? a. ... (Read 70 times)

JMatthes · **on:** Jun 24, 2018

Which of these is most likely to be attacked by the FTC as a deceptive business practice?
a. selling stock to investors in a company for three times its true value
b. charging 25 interest on consumer loans when the market rate of interest is 10
c. selling original art to consumers at prices significantly above market value
d. telling consumers that a brand of jeans is special and selling them for double what other jeans sell for, when they are the same as other jeans except for the name
e. none of the other choices

Question 2

Which of the following is an objective of workers' compensation law:
a. to increase the number of injured workers who sue for compensation when injured on the job
b. to increase court costs and time delays associated with tort litigation to deter workers from suing for minor injuries
c. allow people to sued private charities for accidents related to the charity's function
d. encourage employer interest in safety and rehabilitation of workers through an insurance scheme that bases rates on the accident rating of the employer
e. all of the other specific choices are correct