Sears Auto Center Scandal

Essay specific features

 

Issue:

Social Issues

 

Written by:

Kenneth B

 

Date added:

January 21, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1465

 

Was viewed:

4771 times

 

Rating of current essay:

 
Essay content:

This is a result of information asymmetry given that the repair advisors are in a more knowledgeable position regarding the available and required services, and clients act upon their advice. Thus, there is an opportunity for advisors attempting to increase their own commission to recommend more than necessary services...
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Thus, there is an opportunity for advisors attempting to increase their own commission to recommend more than necessary services. Based on the Consumer Protection (Fair Trading) Act in Singapore, it is unlawful for a trader to "do or say anything, or omit to do or say anything, if as a result a consumer might reasonably be deceived or misled...
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