NDAC 10-15-01-02

Identifying basis of price comparison

Last amended: 1994Year: 2026Length: 107 wordsOfficial source

Cite as N.D. Admin. Code ยง 10-15-01-02

It is a deceptive act or practice for a seller to make a price comparison or claim a savings as to any merchandise offered for sale unless the seller clearly and conspicuously discloses the basis for or source of the price comparison or savings claim. However, a seller may make a price comparison or claim a savings without the required disclosure if the price comparison or savings claim is based on the seller's own former price as described in section 10-15-01-03. Terms such as "regular", "regularly", "formerly", "originally", "was", or words of similar meaning may be used by the seller to identify the seller's own former price.
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