Pump Makers Inc. makes pumps for fire trucks and conditions shipments of its products to Quality Motors Corporation—a maker of fire trucks—on Quality’s agreement to buy additional pumps only from Pump Makers. This is

A. an exclusive-dealing contract.
B. a tying arrangement.
C. price discrimination.
D. a unilateral refusal to deal.


Answer: A

Business

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Many factors create a climate conducive to unethical behavior. One of these is an unwillingness to take an ethical stand that may impose financial costs. For the first part of the answer, provide a real or hypothetical specific example of this factor, showing how it contributes to a real or hypothetical specific unethical decision or action. For the second part of the answer, discuss how a manager responded or might respond when confronted with this specific example.

What will be an ideal response?

Business

If a mortgage is silent with regard to assuming it, it is most likely

a. that it can be assumed. b. that it cannot be assumed. c. that it can be assumed if it is an FHA or VA guaranteed mortgage. d. none of these.

Business

Where could a business find notices of proposed rules?

A) The Code of Federal Regulations B) The Federal Register C) Industry trade publications D) Both b and c

Business

Whenever all three bytes are set to the same values, the resulting color is a shade of ____.

A. black B. brown C. gray D. green

Business