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A Marketer's Failure to Inform Customers About Changes in the Quality

question 101

True/False

A marketer's failure to inform customers about changes in the quality of its products does not constitute an ethical issue.


Definitions:

Duty of Collaboration

An obligation for parties in a business relationship to work together in good faith to achieve mutual goals.

Duty of Indemnification

The obligation to compensate for harm or loss incurred by another party, typically outlined in a contract.

State Law

The body of law issued and enforced by a state government, distinct from federal or municipal law.

Fiduciary

A person who has a duty to act primarily for another person’s benefit.

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