Today, There Are Two Popular Variations of Sweepstakes: One Offers

question 318

Multiple Choice

Today, there are two popular variations of sweepstakes: one offers products that consumers value as prizes and the other offers

• A) double or triple the face value of a coupon as the prize.
• B) a free sample of the firm's product as the prize.
• C) an "experience" as the prize.
• D) a cash rebate for the purchase of the firm's product as the prize.
• E) a Buy One Get One (BOGO) deal as the prize.

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Definitions:

Arbitration Agreement

A contract in which parties agree to settle a dispute outside of court through the process of arbitration, where an arbitrator's decision can be binding or non-binding.

Arbitrators Bias

A situation where an arbitrator shows partiality or prejudice, affecting their neutrality in dispute resolution.

Federal Arbitration Act

A United States federal statute that provides for the enforcement of arbitration agreements and allows for the resolution of disputes outside the court system.

Continuance

A legal term referring to the postponement of a court proceeding or trial to a later date.