A refusal to deal
a. is a right to decide with whom to do or not to do business and cannot be legally limited.
b. is a rule of reason violation of the Sherman Act and is illegal if it harms competition.
c. is an agreement in which a buyer refuses to purchase goods from a supplier unless the supplier also purchases items from the buyer.
d. occurs when a manager refuses to recognize that price-fixing is a problem.
b
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Sam Jones, controller of Mitnikco, spends three days researching the accounting statements to find loopholes in the "rules" and to make a case for recognizing revenue earlier, rather than in later years. In the end, Sam and the other members of management determine that they will reduce the company's deferred revenue accounts and begin accounting for all revenues as agreements are signed. What
are the motivations of Mitnikco management based solely on the information above? a. Pressures. b. Opportunity. c. Rationalization. d. Skepticism.
________ entails the activities involved with managing the exterior and interior physical facilities associated with the store.
A. Store turnover B. Inventory turnover C. Portfolio management D. Inventory maintenance E. Store maintenance
In expectancy theory, ______ is the person’s perception of their ability to accomplish or probability of accomplishing an objective.
A. expectancy B. equity C. reward D. motivation
Pricing is not designed to cover total costs but to maximize total contribution-that is, unit price minus unit variable costs.
Answer the following statement true (T) or false (F)