If You Were Thinking of Entering the Ice Cream Business

question 344

Essay

If you were thinking of entering the ice cream business, would you make a product that is just like one that is already being produced? Explain.

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Definitions:

Cosign

To sign a legal document alongside another person, taking joint responsibility for the obligation the document entails, such as a loan.

Equal Credit Opportunity Act

A U.S. federal law designed to ensure that all consumers have an equal chance to obtain credit, prohibiting discrimination.

Unauthorized Purchases

Transactions made without the permission of the account holder or beyond the scope of their authority.

Deceptive Claim

A false or misleading statement made about a product or service, typically for the purpose of deceiving consumers.