When asking for a loan from one of his friends, Lonnie states that the product is ready to go into stores.In fact, the product is still under development.The friend is expecting the loan to be repaid in 3 months.This would be an example of:
A)guerilla marketing
B)acceptable exaggeration
C)a potential ethical transgression
D)an accurate description of product readiness

Question

Quizplus · Accepted Answer

Lonnie is intentionally misleading his friend by exaggerating the readiness of the product, with the expectation of quick repayment. This could potentially be seen as an ethical transgression, as he is not being truthful about the product's development status.

When Asking for a Loan from One of His Friends