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State the essentials of a valid endorsement. - Commercial Applications

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प्रश्न

State the essentials of a valid endorsement.

संक्षेप में उत्तर

उत्तर

  1. Truthfulness and Accuracy: The endorsement must be honest and reflect the endorser's true opinion, experience, or results.
  2. Relevance: It should be relevant to the product or service and based on actual usage or factual data.
  3. Clear and non-misleading: The endorsement must not be misleading or cause false impressions.
  4. Disclosure of Material Connections: Any material link between the endorser and the company (such as compensation or free products) must be clearly stated.
  5. Compliance with Laws and Guidelines: The endorsement must adhere to all relevant legal requirements and industry guidelines, such as those set by the Federal Trade Commission (FTC) in the United States.
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Endorsement of Cheques
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Banking and Bank Transactions - EXERCISES [पृष्ठ १२६]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 7 Banking and Bank Transactions
EXERCISES | Q 14. (a) ii. | पृष्ठ १२६
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