12.E: Assessment Questions
- Page ID
- 30236
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- Define unfair trade practices.
- All of the following are considered unfair trade practices except:
- Targeting vulnerable populations.
- Charging extremely high prices.
- False advertising.
- False representation of a good or service.
- What is a bait and switch?
- Describe the role of the Federal Trade Commission.
- The following are examples of a company giving misleading price information except:
- Advertising “Limited Time Offer” when the offer is available forever.
- Advertising “Going Out of Business” when the company plans to stay in business.
- Advertising the product as “New” when the product is more than \(6\) months old.
- Advertising “Buy One, Get One” without informing consumers that they must buy another product or service to get the deal.
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