Examlex
All of the following statements about a tire pressure monitoring system are true, EXCEPT:
Bid-rigging
A form of fraud in which competitors agree in advance who will win a bidding process, thus undermining the competition.
Misleading Advertising
Advertising that deceives or is likely to deceive the consumer, often leading to an incorrect understanding or decision.
Competition Act
A law designed to preserve and promote competition and to protect consumers from anti-competitive practices by companies.
Money-back Guarantee
A pledge to refund a customer's payment if the product or service does not meet the advertised standards or expectations.
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