30. Convertibles. Barry, a new car dealer, advertised that a new brand of conver
ID: 430910 • Letter: 3
Question
30. Convertibles. Barry, a new car dealer, advertised that a new brand of convertible called Wind would be available at his dealership for the price of $10,000 each. He had only three Wind vehicles, however; and when those were sold, he tried to convince shoppers to purchase a much more expensive new convertible at a price of vehicles needed financing in order to do so. She had $10,000 to pay on the car and amount of time. ABC Bank offered her the loan and she agreed. The only information $25,000. Kathy, a customer who decided to purchase one of the more expensive sought a loan from ABC Bank for the remainder. She wanted the loan for a specific she received from ABC Bank was confirmation that she borrowed $15,000 at an 8% interest rate. After receiving several complaints, the Federal Trade Commission disapproved of Barry's action in regard to the Wind vehicles. Claiming that his advertisement was misleading, the Commission proceeded to issue a cease-and- desist order prohibiting deceptive advertising involving Wind vehicles and also in regard to any other vehicles Barry offered for sale. Which of the following terms reférences the cease-and-desist orde r entered by the Federal Trade Commission involving not only Barry's sales of Wind, but also his sales of all other vehicles? O A combined order O A superlative order O A mutiple cease-and-desist order O A multiple-product order O An exceptional orderExplanation / Answer
A Multiple-Product order
Explanation - A Multiple-Product order is an order issued by the Federal Trade Commission to a firm that has engaged in deceptive advertising by which the firm is required to cease and desist from false advertising not only in regard to the product that was the subject of the action but also in regard to all the firm's other products.
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