Exam 2026 WITH Recent Newest Verified And
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2026-2027) Correct Detailed & Verified
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What is the economic term used for sustained increase in the price of goods and
services?
A. inflation
B. depression
C. recession
D. deflation - ANSWERS-A. inflation
Eva hires a well-known pop singer to support the use of her new fashion label. Which
technique of advertising does Eva use here?
A. vague claim
B. incentives
C. bandwagon advertising
D. facts and statistics
E. endorsement - ANSWERS-E. endorsement
Which sentence describes a contract comprehensively?
A contract needs to have an offer and a legal purpose.
A contract includes an offer and acceptance without any consideration.
, A contract includes an offer, acceptance, and consideration without a legal purpose.
A contract includes an offer, acceptance, consideration, and a legal purpose. -
ANSWERS-A contract includes an offer, acceptance, consideration, and a legal
purpose.
Aaron and Donald sign a written contract in which Aaron agrees to supply raw materials
to Donald's company in return for set fees for one year. Which form of contract have
both the individuals entered into?
A. implied contract
B. express contract
C. unilateral contract
D. informal contract - ANSWERS-B. express contract
Which technique of advertising shows that multiple consumers use a product to build
consumer trust in the product?
A. indirect advertising
B. endorsements
C. promotional advertising
D. bandwagon advertising - ANSWERS-D. bandwagon advertising
The CAN-SPAM Act regulates the use of unsolicited ads that show mature content
unsuitable for _____. - ANSWERS-The CAN-SPAM Act regulates the use of unsolicited
ads that show mature content unsuitable for ---MINORS---.
The Garret family wants to take advantage of their state's _____ to pay for their child's
college tuition. - ANSWERS-529 Plan
The FDIC ruled that a company had violated the FTC Act. What penalty can the
company expect?
A. a fine
B. criminal charges