State laws requiring sellers to maintain minimum prices for comparable merchandise are called _____ laws.
A) tax-exemption
B) unfair-trade
C) price-discrimination
D) loss-leader

Question

Quizplus · Accepted Answer

Unfair-trade laws are designed to prevent sellers from pricing items below cost with the intention of undermining competition, by requiring them to maintain minimum prices for comparable merchandise.

State Laws Requiring Sellers to Maintain Minimum Prices for Comparable