Consider the following: Part 1 - Listen or read about this hypothetical situation.
The University of Acme is a private, for-profit four-year institution. The University advertises frequently on radio and television. In one of its broadcast commercials, a voice-over announcer makes this statement: “Our students are eligible for federal financial aid programs. So not only do we think our classes are first-rate, but the government thinks so, too.” Has the University of Acme made a misrepresentation about its relationship with the US Department of Education?