A Reference Price Might Be Considered Deceptive If

question 131

Multiple Choice

A reference price might be considered deceptive if:

• A) the internal reference point is different from the external reference point.
• B) the reference point has been inflated or is fictitious.
• C) the reference price is more than two times the cost of the item.
• D) the reference price has changed more than once in the past 12-month period.
• E) All of these.

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Definitions:

Self-Determining

Having the power or capability to make decisions for oneself without external coercion.

Deliberations

The process of careful consideration or discussion aimed at reaching a decision or forming an opinion.

Personal Paternalism

The practice of limiting an individual's freedom or autonomy for their own good, usually within a personal or individualized context.

Mayor Bloomberg

Michael Bloomberg, a businessman, politician, and philanthropist who served as the Mayor of New York City from 2002 to 2013.