An example of a vertical arrangement that manufacturers impose on their retailers is:
a. a territorial restriction b. a service restraint
c. a customer restriction
d. a territorial restriction or a customer restriction
e. none of the other choices, since all are per se illegal
d
You might also like to view...
Lima Corporation makes purchases on credit with terms of 2/15, net 45. What is the effective annual rate (rEAR) of non-free trade credit if Lima does not take discounts and pays on Day 45? In your computations, assume there are 360 days in a year.
A. 42.98% B. 24.49% C. 148.21% D. 35.40% E. 27.43%
The financial statements for Lexington Service Company include the following items
2017 2016 Cash $52,500 $49,000 Short-term Investments 33,000 20,000 Net Accounts Receivable 52,000 51,000 Merchandise Inventory 160,000 46,000 Total Assets 534,000 553,000 Accounts Payable 129,500 126,000 Salaries Payable 25,000 14,000 Long-term Note Payable 58,000 55,000 Compute the current ratio for 2016. (Round answer to two decimal places.) A) 1.19 B) 0.84 C) 3.95 D) 6.66
When using management by exception, the purchasing manager should be questioned for which of the following variances?
A) direct materials efficiency B) variable overhead efficiency C) direct materials cost D) direct labor efficiency
Under the Affordable Care Act, if a health insurer does not meet the minimum loss ratio requirement, the insurer must
A) pay a fine to the federal government. B) issue rebates to the people the insurer covered. C) not sell any health insurance for a period of one year. D) reduce the premium on the policies it sells the following year.