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11-When the product is defected by its nature due to an invisible fault by the manufacturer, the consumer can do nothing

Accounting Aug 20, 2020

11-When the product is defected by its nature due to an invisible fault by the manufacturer, the consumer can do nothing. *

True

False

 

12-Predatory pricing takes place when sellers reduce prices to an unreasonably low or unprofitable level in order to drive the competitors out of business with the intention to raise the price later. *

True

False

 

13-Ethical labeling should include instructions for use; however, warning and contra indications are the responsibility of the buyer to conduct a research on. *

True

False

 

14-Price skimming is ethical and justifiable because it helps the manufacturers cover their production costs quickly. *

True

False

 

15-Discrimination merely takes place at the recruitment stage of the employment relationship. *

False

True

 

16-Recruitment decisions which are based on how well the candidate matches with the job requirements is a typical discrimination practice. *

True

False

 

17-According to the Lebanese Law, manufacturers and suppliers can exempt themselves from the obligations related to the gross defects in the product. *

True

False

 

18-Amisleading packaging size is not considered an unethical practice since it does not result in any harm on the consumer’s health. *

True

False

 

19-Seniority and experience years can be used by companies to legally justify payment differences. *

False

True

 

20-Under the due care theory, the consumer who is injured by a defective product that had been produced carelessly cannot hold the manufacturer liable. *

False

True

 

Expert Solution

11. False

12. False

13. False

14.False

15.false

16.false

17.false

18.false

19.false

20.false

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