Which of the Following Statements Apply in British Columbia If

question 61

Multiple Choice

Which of the following statements apply in British Columbia if you undertake to sell goods and services door-to-door?

• A)holds salespeople legally responsible if the items they sell damage the environment
• B)allows car dealers to charge different prices to different consumers provided they advertise "make your own best deal"
• C)requires persons selling directly to consumers to pay a license fee and be licensed by the city unless the sellers are also residents of the city in which they are doing business
• D)states that if asked by a consumer, a door-to-door salesperson must show the documented laboratory evidence to support product performance claims
• E)was first introduced after complaints about Mary Kay sales people making calls on residents.

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Definitions:

Weighted Average

A calculation method that multiplies each component by a factor reflecting its importance and sums these products to derive an average.

CAPM

The Capital Asset Pricing Model (CAPM) is a financial model that describes the relationship between systematic risk and expected return for assets, particularly stocks.

Expected Return

The weighted average of all possible returns for an investment, taking into account the likelihood of each outcome.

Unsystematic Risk

A type of risk that affects a specific company or industry, distinct from marketwide risks.