All 50 U.S. states consider loss leader practices to be wrong and have passed legislation called "unfair sales acts," also called "unfair trade practices acts."

Question

Quizplus · Accepted Answer

The statement is incorrect. While many states have passed laws concerning unfair sales practices, not all states specifically address loss leader practices as illegal or unethical. Some states consider loss leader practices to be a legitimate marketing strategy as long as they are not used to deceive or harm consumers.

All 50 US States Consider Loss Leader Practices to Be Wrong and Wrong