Silverlight Inc., a cell phone store, agrees to sell cell phones and related accessories manufactured only by Moore Corp. This is an example of a(n) ________.
A. requirements contract
B. adhesion contract
C. tie-in contract
D. exclusive dealing contract
Answer: D
You might also like to view...
What is counterfeit merchandise? How can it negatively impact the market, and what are the ethical aspects?
What will be an ideal response?
The composite depreciation method
a. is applied to a group of homogeneous assets. b. is an accelerated method of depreciation. c. does not recognize gain or loss on the retirement of specific assets in the group. d. excludes salvage value from the base of the depreciation calculation.
The assets of a company total $700,000; the liabilities, $200,000. What are the net assets?
A. $500,000. B. $200,000. C. $900,000. D. $700,000. E. It is impossible to determine unless the amount of stockholder investments is known.
Explain the three types of insurance most states require business owners to carry.
What will be an ideal response?