Adam Ripley sells custom bicycles. Adam buys several bike parts including wheels and tires from the Good Treads Company. Although several government-supported regulations help Adam in his business, regulations that make it easy for Adam's business to enjoy good vendor relationships are:
A)lower taxes that business to business customers pay to each other.
B) laws that permit minimal corruption in banking institutions.
C) laws that permit small businesses to use the government as an intermediary when doing business with other small businesses.
D)laws that support enforceable contracts between firms.

Question

Quizplus · Accepted Answer

Laws that support enforceable contracts between firms would help Adam in his business as it would ensure that he could rely on the agreements made with the Good Treads Company for the supply of bike parts. This would help build a good vendor relationship based on trust and accountability. Lower taxes, laws on corruption in banking institutions or using the government as an intermediary may not necessarily have a direct impact on vendor relationships between businesses.

Adam Ripley Sells Custom Bicycles