N.D. Admin Code 10-15-01-03 - Comparison to seller's own former price
It is a deceptive act or practice for a seller to compare the seller's current price with the seller's former price for any merchandise unless:
1. The former price is a
price at which a substantial number of sales were made by the seller during the
three months immediately preceding the price comparison;
2. The former price is a price at which a
substantial number of sales were made by the seller and the seller clearly and
conspicuously discloses the dates during which a substantial number of sales
were made by the seller at the former price; or
3. The former price is a price at which the
seller offered the merchandise for a reasonably substantial period of time in
the recent, regular course of its business, openly, actively, and in good
faith, with an intent to sell the merchandise at that price.
Notes
General Authority: NDCC 51-12-09, 51-15-05, 54-12-17
Law Implemented: NDCC 51-12-09, 51-15-01, 51-15-02
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.