Ramsay Group Insurance Inc.has been advised by a major insurance underwriter that it must carry a number of the underwriter's less popular products and refrain from carrying any competitor's products.What type of offence has the insurance underwriter committed?

Question

Quizplus · Accepted Answer

Tied selling occurs when a company requires a buyer to purchase additional products or services as a condition of obtaining a desired product or service. In this case, the underwriter is requiring Ramsay Group Insurance to carry less popular products as a condition of their business relationship.