Which of the Following Statements,if False,would Most Likely Have Legal

question 58

Multiple Choice

Which of the following statements,if false,would most likely have legal consequences?

• A) "You're going to love this new mattress!"
• B) "We are the metropolitan area's low price leader."
• C) "We offer a 100 percent order-fill rate; you'll never experience a back-order."
• D) "Our employees have extensive training in how to pamper our customers."
• E) "Your own mother can't care for you as well as our staff!"

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Definitions:

Par Value

This term describes the nominal or face value of a bond, stock, or coupon as stated by the issuer, often used in the context of bonds and shares.

Preferred Stock

a class of stock that typically provides dividends before dividends are distributed to common stockholders and may have priority over common stock in the event of liquidation.

Common Stock

Equity ownership in a corporation, with holders having a claim on the company’s profits in the form of dividends and voting rights in corporate governance.

No Par Value

Refers to shares issued without a stated face value, with their selling price determined by the issuing company.