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Scenario 4-2 "Consumerism Is a Pattern of Behavior That Helps to Destroy

question 60

Multiple Choice

Scenario 4-2
"Consumerism is a pattern of behavior that helps to destroy our environment, personal financial health, the common good of individuals and human institutions." This quote is stated on the home page of a website called Overcoming Consumerism.The quote goes on to say, "This site details methods that you can use to help defeat consumerism, save money, work less and lead a more satisfying and environmentally benign life while you help to restore the economic self-sufficiency of your community."
(http://www.verdant.net/)
As one navigates from page to page on the site, advertising is often implicated as a source of the movement toward consumerism.Many of the same criticisms of advertising found on the site were outlined in the textbook.
-(Scenario 4-2) One quote from the site reads, "Time, the precious shrinking commodity of our lives, is exchanged for money to buy things that there is usually little time to enjoy.What time is left over after work is often devoured by television, basically a series of ever-more mediocre filler programs inserted between ever-more spectacular commercials whose purpose is to stoke further desire for more things." In response to the charge that contemporary advertising robs people of time, supporters of advertising would state that it

Definitions:

Fraudulent Misrepresentation

A false statement of fact made knowingly, or without belief in its truth, or recklessly, intended to induce another party to enter into a contract.

Odometer

An instrument in a vehicle that measures the distance it has traveled.

Bilateral Mistake

A misunderstanding where both parties to a contract have incorrect beliefs about an important fact or agreement term.

Misinterpreted Data

Incorrectly understood or analyzed information, leading to potentially erroneous conclusions or actions.