Sales Promotion Schemes Calling for the Distribution of Property According

question 23

Multiple Choice

Sales promotion schemes calling for the distribution of property according to chance among the purchasers of goods are:

• A) legal, as long as they are called raffles.
• B) illegal as lotteries.
• C) legal, whether the contract is wise or foolish
• D) legal, because the contract spreads the risk equally over all the parties.

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Definitions:

Capital Gains Yield

reflects the price appreciation of a security or an investment, showing the percentage increase in the investment's value over a period.

Deviations

Instances of departing from an established course or accepted standard.

Average Return

The sum of returns accrued over a period divided by the number of periods to assess investment performance.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, indicating how much and how quickly the value of an investment, market, or market sector changes.