All of the Following Statements, If Made by a Salesperson

question 58

Multiple Choice

All of the following statements, if made by a salesperson, could have legally actionable consequences if the statement were incorrect EXCEPT:

• A) "this refrigerator will preserve foods in the warmest weather."
• B) "this is a safe, dependable helicopter."
• C) "feel free to prescribe this drug to your patients, doctor. It's not addictive."
• D) "this mace pen is capable of instantaneous incapacitation for a period of 15 to 20 minutes."
• E) "this offer is valid only until the end of this month."

Identify the benefits and limitations of seeking legal advice and information online.

Comprehend the process and criteria for becoming a "sophisticated client."

Develop knowledge on the functionality and purpose of a provincial law society.

Grasp the concept and importance of solicitor-client privilege.

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Definitions:

Overhead

Indirect costs incurred that are not directly associated with the production of goods or services, such as rent, utilities, and administrative expenses.

Activity Cost Pools

A grouping of all the costs related to a particular activity within a company, used in activity-based costing.

Activity-Based Costing

A costing methodology that assigns production costs to products or services based on activities and resources used.

Overhead Cost

Costs that are not directly associated with the manufacture of products or the provision of services, including expenditures like rent, utilities, and office supplies.