Fact Pattern 9-B1 (Questions B1-B3 Apply)

question 26

Multiple Choice

Fact Pattern 9-B1 (Questions B1-B3 apply)
Great Looks Clothing Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices.Hot Trends,Inc.,sends e-mail ads to any e-mail address that Hot Trends can find on the Web or otherwise generate.Ilene sends e-mail notes to her friends,relatives,and co-workers,discussing personal issues and recommending products or services that she likes.
-Refer to Fact Pattern 9-B1.Great Looks and Hot Trends are subject to the laws of the states in which they are located and do business.Many states

• A)prohibit false and deceptive e-mailing practices.
• B)require the use of spam by business entities.
• C)ban the use of spam altogether.
• D)preempt the application of federal law to commercial e-mail.

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Definitions:

Interest Rate Swaps

Financial derivatives contracts where two parties exchange interest rate payments on a specified principal amount, typically exchanging fixed for floating rates.

Fixed-rate Bonds

Fixed-rate Bonds are bonds that pay the same rate of interest from issue until maturity, regardless of changes in market interest rates.

Floating-rate Bonds

Bonds whose interest rate payments adjust periodically based on an underlying benchmark, making them less sensitive to interest rate changes.

Interest Rate Swap

A financial derivative contract in which two parties exchange interest rate payments on a specified principal amount.