Question

3. Define Bait and Switch?
4. Describe an environmental impact statement and identify when one is needed?
5. Explain how environmental laws regulate the use of toxic substances and the disposal of hazardous wastes?

Business Law questions.

Answer 1

Answer:-

3) Bait and switch is a fraudulent technique used in sales process when the customer is attracted by lower price for one product that is not available or out of stock and instead selling a high priced product that is available in stock to the customer.

4) Environmental Impact Statement (EIS) is the document which describes the environmental effect caused by undertaking some activities or projects. This EIS comes under National Environmental Policy Act of 1969 (NEPA), and is needed when a company is undertaking a project or any activity which may have adverse impact on the physical and human environment at that location and the alternative course of action that the company has to implement to lessen the effects. This process is undertaken by consulting the local authorities where the project is being proposed and need the required clearances to start the project.

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