According to the FTC,for a Producer to Call a Product

question 2

Multiple Choice

According to the FTC,for a producer to call a product "new," the product must ______.

• A) be no more than two months old
• B) have achieved brand insistence
• C) be entirely new or changed in a functionally significant or substantial respect
• D) have been changed in some way during the last year
• E) None of these alternatives is correct.

---

Definitions:

Monthly Interest Rate

The interest rate charged or paid on a loan or savings account calculated on a monthly basis.

Default Rate

The percentage of borrowers who fail to repay their loans or meet contractual obligations.

Monthly Interest Rate

The percentage of an amount of money which is charged or paid as interest for one month.

Restocking Costs

The expenses associated with replenishing inventory or goods in a business after sales or usage.