BUSINESS ADMINISTRATION
BUSINESS LAW
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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puffing
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criminal fraud
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bait and switch
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phishing
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Detailed explanation-1: -Statements in advertisements, such as ‘our soap powder washes whiter than white’ or ‘this is a great little car’ are examples of mere puffs. A ‘puff’ is statement that is unlikely to be taken seriously.
Detailed explanation-2: -Examples of puffery advertising might include the claim “better ingredients” or “the BEST steaks in the WORLD”, which is reasonably considered to be a flamboyant exaggeration or opinion and not misleading or false advertising.
Detailed explanation-3: -In today’s world, puffery is a statement that uses exaggeration and/or hyperbole to promote a product or service. Puffery is all around you whether you know it or not. A few common examples of puffery advertising you may have heard: World’s best product. Best in the business.
Detailed explanation-4: -Puffery is a legal way of promoting a product or service through hyperbole or oversized statements that cannot be objectively verified. On the other hand, false advertising occurs when factually false statements are used to promote a product.