Examlex
Marketers attempt to place purchasers into categories in the diffusion process depending on their relative time of adoption. Since the categories are based on a normal distribution, the distribution's properties are used to partition them.
Consumer Purposes
Activities or objectives that cater to the needs and desires of individual buyers, contrasting with commercial or business aims.
Federal Trade Commission Act
A U.S. federal law established in 1914 to promote consumer protection and eliminate and prevent anticompetitive business practices.
Material Misrepresentation
An untrue assertion of fact by one individual to another that leads to the latter being persuaded into a agreement.
Affirmative Disclosure
The requirement for parties, especially in commercial transactions, to proactively share relevant information, rather than merely avoiding falsehoods.
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