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Jake and Thousands of Others Like Him Purchased a Product

question 12

Multiple Choice

Jake and thousands of others like him purchased a product advertised on TV that claimed instant hair growth with one application.Jake is representative of the many purchasers of this product in that he is highly sensitive about his recent balding.Because the advertised product is ineffective,the FTC would likely consider this a case of _____ advertising.


Definitions:

Equitable Assignment

A method by which contractual rights are transferred from one party to another, in a manner recognized by equity or fairness, rather than strictly by the letter of the law.

Rectification

The judicial procedure for rectifying an error in a document to accurately represent the real intentions of the parties concerned.

Assignee

The person or party to whom rights or interests have been transferred by another party, called the assignor.

Assignor

The party in an agreement who transfers rights or interests to another party, known as the assignee.

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