Which of the Following Statements, If False and Made by a Salesperson

question 123

Multiple Choice

Which of the following statements, if false and made by a salesperson to an individual who bought the product(s) being sold, would be most likely to have legal consequences?

• A)"You're going to love this new mattress!"
• B)"We are the metropolitan area's low price leader."
• C)"We offer a 100 percent order-fill rate.You'll never experience a back-order."
• D)"Our employees have extensive training in how to pamper our customers."
• E)"Your own mother can't care for you as well as our staff!"

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Definitions:

Line of Credit

A Line of Credit is a flexible loan from a bank or financial institution allowing the borrower to draw funds up to a specified limit at any time.

Economic Reasons

Factors or situations related to the structure and functioning of the economy that influence decisions and behaviors.

Holding Cash

The practice of keeping liquid assets on hand for transactional purposes or as a precaution against unforeseen expenses.

Maturity Matching Principle

This principle suggests that the duration of assets and liabilities in a company's portfolio should be aligned, meaning short-term assets should be financed with short-term liabilities, and long-term assets with long-term liabilities.