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To Be Called "New" According to the FTC, a Product

question 97

True/False

To be called "new" according to the FTC, a product must be entirely new or changed in a functionally significant or substantial respect.


Definitions:

Company Fault

Situations where a business is held responsible for an error, mistake, or failure.

Repair The Relationship

The process of mending or restoring a damaged or strained relationship through communication, understanding, and reconciliation.

Claims

Assertions or demands for something as due or belonging to one, often in reference to products or services in business contexts.

Adjustment Requests

Requests made to modify or amend a particular element or component, often seen in business or operational contexts.

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