Cancer, just like other health problems, is a very devastating illness to have. Apart from the woes and medical issues associated with the illness, cancer patients also have to worry about their financial status and how the illness will affect it. Reports have shown that the main cause of bankruptcy in the U.S. is from medical bills.
WOW Air was an Icelandic Airline company that breathed its last breath on the 29th of March 2019. It started back in 2011 as one of the most successful low-cost airline companies providing cheap flights between Iceland and Europe. However, what caused the demise of the apparently successful company was its wish to transform into a more prominent global business.
Starting a business is an exciting and wonderful prospect for so many individuals. It is risky, but the reward can be more than worth it. That being said, if you do not know the legal implications of your actions as a business owner and operator, you may be shooting yourself in the foot right out of the gate. Read on to learn more about some basic laws pertaining to businesses.
This should go without saying but, as a business owner, you must make sure your ads are not deceptive. Your ads must be supported by evidence. The FTC describes deceptive advertising material as:
- ‘Likely to mislead consumers acting reasonably under the circumstances’;
- Misrepresents or omits information that ‘is important to a consumer’s decision to buy or use a product’.