SeaFood Family markets its frozen seafood products to the domestic United States market and to several Central American countries. SeaFood Family recently had a surplus of products. Management decided to maintain prices in the U.S. market but drastically cut prices in the Central American markets in order to reduce excess supply. SeaFood Family would most likely be accused of pirating.

Question

Quizplus · Accepted Answer

SeaFood Family's decision to cut prices in the Central American markets is not an act of piracy, as they have the right to set their own prices and make business decisions to manage their supply and demand. Piracy refers to the unauthorized use or reproduction of someone else's intellectual property, such as music or software.

SeaFood Family Markets Its Frozen Seafood Products to the Domestic