Classic Jeans has informed its retailers that they must either sell its new line of jeans for $39.99 or no longer be supplied by Classic Jeans.The retailers agree to this.Classic Jeans and its retailers are involved in:
A) violation of the Wheeler-Lea Act.
B) horizontal price fixing.
C) violation of the Lanham Act.
D) vertical price fixing.
E) an attempt to maximize profits.
Correct Answer:
Verified
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