Before Displaying the BBB OnLine on Their Web Site, Participating

question 179

Multiple Choice

Before displaying the BBB OnLine on their Web site, participating companies must be members of their local Better Business Bureau, have been in business for at least one year, have agreed to participate in BBB's advertising self-regulation program, agree to abide by the BBB Code of Business Practices, and have committed to

• A)actively recruit other firms in their industry to practice ethical business behaviors.
• B)guaranteeing their customers the best quality, price, and service at all times.
• C)use the products and services of fellow BBB members whenever possible.
• D)work with the BBB to resolve consumer disputes that arise over goods or services promoted or advertised on their site.
• E)pay a yearly registration fee based on a sliding scale of the previous year's profits.

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Definitions:

Conditionally Liable

Refers to a legal obligation that becomes enforceable only upon the occurrence of a specified condition.

Stated Amount

The specified value or sum agreed upon in a contract for the provision of goods, services, or coverage.

Negotiable Instrument

A formal paper assuring the disbursement of a specified amount of funds, which could be paid either immediately when requested or at a scheduled time, with the document identifying the payor.

Demand Instrument

A type of draft that allows the payee to demand payment at any time from a holder.