BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the advertiser is trying to sell a different product than the one advertised.
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the advertiser is trying to sell you something over the phone that you cannot see.
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it violates the cooling-off rule.
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it violates the negative option rule.
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Detailed explanation-1: -A “bait and switch” is a scam to mislead buyers, whereby a seller advertises an appealing but ingenuine offer to sell a product or service that the seller does not actually intend to sell. Instead, the seller offers a sub-par, defective, or unwanted alternative.
Detailed explanation-2: -One of the most common examples of bait and switch advertising appears in offers from car dealerships. For instance, the car dealership will typically run an ad that says they have a limited supply of a specific model of motor vehicle that they will sell at an unusually rare and low price.
Detailed explanation-3: -A “bait and switch” takes place when a seller creates an appealing but ingenuine offer to sell a product or service, which the seller does not actually intend to sell.
Detailed explanation-4: -Advertising goods and services that you cannot supply in order to get people into your shop or an online sale is known as ‘bait advertising’ and is illegal. Jargon, exaggerations and puffery.