A ________ Is a Statement in Which a Company Agrees

question 56

Multiple Choice

A ________ is a statement in which a company agrees with the Federal Trade Commission to stop disputed behavior but does not admit it broke the law.

• A)declaration against interest
• B)voluntary dismissal
• C)consent order
• D)gag order
• E)subpoena duces tecum

---

Definitions:

Goods On Consignment

Goods given to a third party (consignee) to sell, where the original owner (consignor) retains ownership until sale.

Consignor

The entity or person that sends goods to another (the consignee) to be sold, while retaining ownership until the goods are sold.

Consignee

The individual or entity to whom goods are shipped under a consignment agreement, responsible for selling the goods.

Import Duties

Taxes imposed by a government on goods brought into the country, typically to protect domestic industries or generate revenue.