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"Passing Off" Occurs When a Person or Company Makes Some

question 19

Multiple Choice

"Passing off" occurs when a person or company makes some sort of false representation that misleads consumers into thinking that the defendant's goods or services originate from another company. Which federal act makes passing off illegal?


Definitions:

Labor Market

A marketplace where wages are determined, and workers are hired and fired.

Consumer Surplus

The difference in the total cost consumers are prepared and financially able to cover for a good or service, against the total cost they actually cover.

Minimum Price

The lowest possible price at which a product or service can be sold, often set by government regulations to protect producers or consumers.

Market Equilibrium

A situation in which the supply of an item is exactly equal to its demand, leading to a stable market price.

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