Which of the Following Statements Is NOT TRUE of Frequent-Shopper

question 72

Multiple Choice

Which of the following statements is NOT TRUE of frequent-shopper programs?

• A) Frequent-shopper programs are programs that identify and provide rewards to customers who patronize a retailer.
• B) Frequent-shopper programs are also commonly called loyalty programs.
• C) Frequent-shopper cards are issued on the basis of market basket analysis.
• D) Frequent-shopper programs include a private-label credit card offered by a retailer.
• E) Frequent-shopper programs can provide customer information automatically to the retailer when customers have their program card scanned at the time of transaction.

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Definitions:

Damages

Monetary compensation awarded by a court to a plaintiff for losses or injuries suffered as a result of another’s actions.

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations and benefits for the parties involved.

Remedy

Legal means or measures available to a party to enforce a right or redress a harm.

Misrepresentation

The act of providing false or misleading information about a material fact, intentionally or negligently, causing someone to enter into a contract.