What are exclusive distribution and dealing arrangements, and when are they legal?
What will be an ideal response?
Exclusive distribution is the practice of allowing only certain outlets to carry a seller's products. Exclusive dealing is forbidding dealers from handling competitors' products. Exclusive arrangements are legal as long as both parties enter into them voluntarily and they do not substantially lessen competition or tend to create a monopoly.
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Cash is used for all of the following activities except
a. supporting current operating activities b. replacing worn-out machinery c. expanding current operations d. bribing government officials
Loft Industries sells roof trusses to contractors and builders and is currently looking for honest feedback on its services. However, in the past, most of its efforts to procure feedback from customers did not yield any meaningful data. According to the marketing managers of Loft Industries, feedback was more polite than honest. Which of the following contact methods should Loft Industries most likely use to maximize its chances of receiving honest and impersonal feedback?
A) online focus groups B) telephone interviews C) mail questionnaires D) group interviews E) personal interviews
An inclusive workplace recognizes the economic and noneconomic consequences of its presence in the community and also ______.
a. acknowledges the responsibility it has to ameliorate the adverse effects of its presence b. sees benefit in being a good neighbor c. works with national politicians to minimize any adverse effects d. works with other area businesses to minimize any adverse effects to the community
Mark complied with all formation requirements for incorporating his taxicab business. He is the sole shareholder in the corporation. The corporation owns two automobiles that Mark frequently uses for his own personal use. In addition, he sometimes
deposits the money he takes in during the day into his personal checking account. One day, an employee of the company, while driving one of the company vehicles, accidentally hits Peter, a pedestrian, in a crosswalk. Peter sues both Mark and the Taxi Company for $100,000. The corporate assets are only $32,000. a. Is the corporation liable for the acts of its employee? Explain. b. Will Mark be personally liable under the facts? Why? Explain.