Jarvis Is Starting a Business Requiring Initial Start-Up of $5

question 30

Multiple Choice

Jarvis is starting a business requiring initial start-up of $5.5 million. The business is projecting a net cash flow per month of $100,000. How many months will it take to make back his start-up investment?

• A) 5.5
• B) 55
• C) 20
• D) None of the above

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Definitions:

Deceptive Advertising

Marketing practices that mislead or misinform consumers about the nature, qualities, or benefits of a product or service.

Reasonable Consumer

An average person who is considered when evaluating the advertising and selling of products, to determine if the information presented is misleading.

Advertising Claim

refers to statements made by a business in advertising material about the quality, efficacy, or benefits of their products or services.

Online Disclosure

The act of making information or details available to the public via the internet.