A Hardware Store Advertises a 3/8" Black & Decker Power

question 322

Multiple Choice

A hardware store advertises a 3/8" Black & Decker power drill for $29.95.You enter the store intending to purchase the drill.The salesperson informs you that they are all sold out.She tells you that the "sale" drills were factory seconds and that if you are going to be doing any kind of serious woodworking,you should buy the Model 3309,which sells for $49.99.This scenario has elements of which type of deceptive pricing?

• A)comparable value comparisons
• B)former price comparisons
• C)comparisons with suggested prices
• D)bait and switch

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Definitions:

Trial Balance

A bookkeeping report that lists the balances of all ledgers in two columns, debits and credits, which should equal to ensure accuracy in accounts.