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Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition by Marianne Jennings
Edition 3ISBN: 978-1305117457Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition by Marianne Jennings
Edition 3ISBN: 978-1305117457 Exercise 13
Which of the following is a correct statement about manufacturers who control their prices through resale price maintenance?
A) They are engaged in price-fixing.
B) They can suggest prices, but if retailers charge something different, they have no rights to enforce their suggested prices.
C) They can suggest prices, but must allow retailers to have their own sales.
D) They can terminate retailers who do not honor their price schedules.
A) They are engaged in price-fixing.
B) They can suggest prices, but if retailers charge something different, they have no rights to enforce their suggested prices.
C) They can suggest prices, but must allow retailers to have their own sales.
D) They can terminate retailers who do not honor their price schedules.
Explanation
Verified
Verified
• The option "A" is not correct because ...
Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition by Marianne Jennings
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