When a Job Is Automated So That It Requires Less

question 83

True/False

When a job is automated so that it requires less skill,it has been up-skilled.

Grasp the concept and legal implications of bait-and-switch advertising.

Distinguish between lawful puffery and unlawful false claims in advertising.

Comprehend the protections offered by the Lanham Act against deceptive use of trademarks.

Know the requirements for online advertisements and disclosures.

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Definitions:

Principal's Obligation

A duty or responsibility that a principal must fulfill as part of an agreement, particularly in agency relationships.

Repayment Period

The time frame agreed upon within a loan agreement for the borrower to pay back the borrowed amount plus any applicable interest.

Promissory Note

Commercial paper or instrument in which the maker promises to pay a specific sum of money to another person, to his order, or to bearer.

Cosign

To sign jointly with another or others, especially in agreeing to be responsible for a loan if the primary borrower defaults.