A main purpose of unfair trade practice legislation is to
A)prevent manufacturers from taking high markups.
B)eliminate price competition on manufacturers' brands.
C)require some minimum percentage markup on cost.
D)permit different types of retail outlets to charge different retail prices.
E)guarantee retailers some profit.

Question

Quizplus · Accepted Answer

Unfair trade practice acts put a lower limit on prices,especially at the wholesale and retail levels.Wholesalers and retailers are usually required to take a certain minimum percentage markup over their merchandise-plus-transportation costs.

A Main Purpose of Unfair Trade Practice Legislation Is to