Jeb is a licensee who wishes to sell his own home. He isn't sure if he should include the fact that he is a license holder in his advertisements. As Jeb's broker, you tell him that: "You are not required to include that you are a license holder in your ad and you must never verbally disclose your status as a license holder." "You are required by law to include that you are a license holder in your ad." "You are not allowed to say that you are a license holder when selling your own home." "You are not required to include that you are a license holder in your ad, but I recommend that you disclose that information to potential

Jeb is a licensee who wishes to sell his own home. He isn't sure if he should include the fact that he is a license holder in his advertisements. As Jeb's broker, you tell him that: "You are not required to include that you are a license holder in your ad and you must never verbally disclose your status as a license holder." "You are required by law to include that you are a license holder in your ad." "You are not allowed to say that you are a license holder when selling your own home." "You are not required to include that you are a license holder in your ad, but I recommend that you disclose that information to potential

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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As the Vice President of Rochester Preferred Travel, you are upset with Premier Promos. Premier is a catalog company that provides imprinted promotional products for companies. Your travel service was looking for something special to offer in promoting its cruise ship travel packages. Premier offered free samples of its promotional merchandise, under its "No Surprise" policy. You asked yourself, "What can we lose?" and on January 11, you placed a telephone order for a number of samples. These included: An insulated lunch sack A portable power strip in a zippered case A square-ended barrel bag with fanny pack A deluxe canvas attaché case Two colors of garment-dyed sweatshirts All items were supposed to be free. But it seemed odd to you when they asked for your company's credit card number. This was because Premier had promised to bill you only if you decided to keep these sample items. When the items arrived. You were not pleased. You returned them all on January 21. You have a…