Which of the Following Is Not Required for a Firm

question 2

Multiple Choice

Which of the following is not required for a firm offer?

• A)a valid consideration
• B)a writing signed by a merchant
• C)assurances that the offer will be kept open for up to 3 months
• D)an offer to sell goods

Recognize the roles and responsibilities of the Federal Trade Commission (FTC) in enforcing consumer protection laws.

Analyze the legal requirements for credit transactions and reporting under the Fair Credit Reporting Act and the Equal Credit Opportunity Act.

Comprehend the regulations controlling the practice of telemarketing and door-to-door sales.

Describe the legal obligations of businesses regarding product safety and the responsibilities of the Consumer Product Safety Act.

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Definitions:

Perception

The way in which something is regarded, understood, or interpreted by individuals.

Low Adjustment

Refers to difficulties in adapting to new situations, stresses, or changes, often leading to negative psychological effects.

Low Sociability

A trait characterized by a lack of interest or engagement in social interactions.

Low Conscientiousness

characterizes individuals who may display a lack of diligence, organization, and dependability in their behavior and work ethic.