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Kendra is having difficulty deciding between two cars, A and B. As shown in the accompanying diagram, A has more cargo room than B, but lower gas mileage. Ideally Kendra would like a car both with a lot of cargo room and good gas mileage. If Kendra behaves like most decision-makers, then the addition of option C would:
Negative Option Rule
The Negative Option Rule is a regulation by the Federal Trade Commission that requires sellers to provide clear disclosure of and obtain consent for charges where the customer's silence or failure to reject goods or services is interpreted as acceptance.
Advertised Merchandise
Items or products that are promoted or announced to the public through various media platforms.
Cooling-Off Rule
A regulation that gives consumers a set period of time to cancel a contract or purchase without penalty, intended to protect consumers from high-pressure sales tactics.
Punitive Damages
Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate the individual and is intended to punish the wrongdoer.
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