Tricking Consumers into Changing Their Phone Service to Another Carrier

question 20

Multiple Choice

Tricking consumers into changing their phone service to another carrier without their consent is known as which of the following?

• A) Slamming
• B) Cramming
• C) Stuffing
• D) Fraudulent adding
• E) Fraudulent transfer

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Definitions:

Operating Lease

A lease agreement allowing a user to rent an asset without the benefits or responsibilities of ownership, typically with shorter lease terms.

Debt to Stockholders' Equity

A financial ratio that measures the company's financial leverage by comparing its total liabilities to stockholders' equity.

Capital Lease

A lease treated like a purchase by the lessee in accounting, meaning the leased asset is included on the balance sheet, and the corresponding lease obligation is treated as a liability.

Operating Lease

A lease agreement that allows for the use of an asset but does not convey rights of ownership to the lessee.