A Misrepresentation or Material Omission That Is Likely to Mislead

question 64

True/False

A misrepresentation or material omission that is likely to mislead a consumer to the consumer's detriment is grounds for a claim of deception under FTC rules.

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Definitions:

Innovators

Individuals or companies that introduce new products, services, or methods, often opening up new markets or changing existing ones.

Types Of Innovation

The categorization of new developments or improvements in products, processes, marketing, or organizational methods, including incremental, radical, disruptive, and architectural innovation.

Creative Destruction

A concept in economics which suggests that economic innovation and progress often involves the dismantling of old structures and the emergence of new ones.