Juju Foster, owner of All-City Sports Equipment, has a long-term business relationship with Haskins Manufacturing. The relationship has always been professional, amicable, and has benefited both sides. Recently, Haskins Manufacturing has brought in a new CEO as well as two new board members of its publicly traded corporation. These new changes are beginning to worry Juju as it appears that not only the relationship, but also the business terms and potential future contracts, are also about to change. Juju is keeping an open mind about what the future relationship will look like but is also willing to consider her own options. What kind of agreement would All-City be entering into if Juan, Haskins Manufacturing's sales rep that Juju works with, presents a requirement that All-City Sports
purchase "all" softball equipment only from Haskins to get a "special" price discount?
A. Binding contract
B. Tying agreement
C. Implied contract
D. FTC violation
Answer: A
You might also like to view...
If the amount assigned to ending inventory is incorrect,
a. The balance sheet is affected, but the income statement is not. b. The income statement is affected, but the balance sheet is not. c. The balance sheet is affected, but cost of goods sold is not. d. Both the balance sheet and the income statement are affected.
A recipe calls for 2 eggs for every ounces of milk. If you increase the milk to
ounces, how many eggs will you use?
What will be an ideal response?
Product warranties are an expense of the period in which the related product is sold
Indicate whether the statement is true or false
Public relations can best be described as ________
A) a continually evolving social science B) an old, fully established profession C) a practice that has not yet come of age D) a profession that is practiced mostly in the United States