Suppose Martin, a Laptop Computer Salesperson, Tells One of His

question 23

Multiple Choice

Suppose Martin, a laptop computer salesperson, tells one of his customers that his computers are as fast as lightning. Would Martin's comment be considered unethical?

• A) Yes, because the information is deceptive, no computer is fast as lightning.
• B) Yes, because he is clearly lying to his customer, an act that is illegal.
• C) No, because it is not reasonable to expect that his customer would take his comment literally.
• D) No, because it's okay to exaggerate a product's features and benefits when talking with customers.
• E) Yes, because he is misleading the customer.

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Definitions:

AASB 141

The Australian Accounting Standards Board standard related to Agriculture, guiding how agricultural activities and assets should be accounted for.

IAS 41

IAS 41 is an International Accounting Standard that addresses the accounting for agricultural activity, including the management of the biological transformation and harvest of biological assets.

Investment Property

Real estate property that has been purchased with the intention of earning a return on the investment through rental income, the future resale of the property, or both.

AASB 140

The Australian Accounting Standards Board regulation relating to the accounting for investment property.