BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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creates an express warranty.
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is making statements of fact about a product.
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is illegal under federal law
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is making obvious and lawful exaggerations about a product.
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Detailed explanation-1: -Simply speaking, puffing occurs when a product is claimed to be better than it is. It’s not a complete falsehood since puffing is founded on the truth, but it’s exaggerated.
Detailed explanation-2: -Puffing business law refers to the act of exaggerating in order to sell a service or product and the legal ramifications involved. Most exaggerations in advertising go unchallenged, but there are cases in which the law can become involved.
Detailed explanation-3: -Exaggerations which are so obvious that they are unlikely to mislead anyone are known as ‘puffery’. Humorous and imaginative adverts often use this technique. Sometimes the statement is very clearly an exaggeration which would not mislead consumers.
Detailed explanation-4: -In a modern definition, puffery refers to the use of exaggeration and hyperbole, sometimes to extreme levels, to promote a product or service. Puffery advertising examples in common marketing and sales phrases include: The best product for the job. Tastes or looks the best. Lasts longer than other brands.
Detailed explanation-5: -Puffing is a term in commercial law which means to convey an overstated belief about some good or service to a prospective buyer with the goal of making a sale of that good or service.