The answer is exclusive dealing.
In terms of economics and law, exclusive dealing happens when a supplier binds the customer by restricting their ability to choose what, with whom, and where they do business.
When this significantly lessens competition in an industry, it is illegal in the majority of nations, including the USA, Australia, and Europe.
Exclusive dealing is permissible (in the US) according to the Restrictive Trade Practices Act when the sales outlets are owned by the supplier; but, if it is registered and approved, it is permitted when the outlets are independent.
Hence, an agreement between a manufacturer and a distributor stipulating that a dealer will only distribute that manufacturer's products would be classified as a form of exclusive dealing.
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Answer:
c. reducing time to market
Explanation:
While deciding upon production facility, an enterprise has to take into consideration the following factors:
- Infrastructure: This refers to location of the site with regard to transportation, utilities and the associated costs. This means the location should be such that, the transportation of inputs and products should be convenient i.e well connected by roads and railways.
- Access to supply chain and customers: The production facility should be easily accessible to suppliers for transport of inputs.
- Availability of labor : Labor is a factor of production and thus the location of production facility should be near to place where the laborers are available.
In the given case, the company deals in environmental friendly cleaning agents and is looking for the ideal site for it's production process. It is essential that the production facility be well connected with the market for inputs required for production.
Hence it is evident that the important location consideration for the company is reducing the time to market since rail hubs and highways connectivity reduces such time and transportation cost as well.
Answer:
5.5%
Explanation:
The revenue that will be generated from state aid is $1,500,000 ($100 * 15,000).
Revenue from Property Tax = $7,000,000 - $1,500,000 = $5,500,000
Now we can calculate the tax by using the following formula:
Tax rate = Revenue from property tax / Market Value of City
Tax rate = $5,500,000 / $100,000,000 * 100 = 5.5%
Answer:
fraud misrepresentation
Explanation:
fraud misrepresentation is a false statement of fact that causes or induces someone to enter into a contract. It is a civil tort arising out of contract law. The misrepresentation can be in the form of anything that is designed to deceive the other party including innuendos, half-truths, or silence when there exists a duty to speak.
Answer:
The correct answer is letter "D": export packer.
Explanation:
An Export packer is usually a third party in charge of classifying objects by bulk considering features such as weight, size, and fragility. Those materials are subject to exportation thus the export packer analyzes if the objects meet the international standards before the packages shipped. Export packers fasten the flow of packaging supervision in countries' customs.