Digital Wizards Inc

question 9

Multiple Choice

Digital Wizards Inc., a franchisor of computer technicians, wishes to standardize the pricing practices of its franchisees because they have engaged in price-cutting to increase their respective shares of the market. The most prudent action might be for Digital Wizards to

• A)mandate the prices at which its franchisees sell their services.
• B)suggest the prices at which its franchisees sell their services.
• C)require its franchisees to pay a premium based on their market share.
• D)threaten its franchisees with a suit for material breach of contract.

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Definitions:

Undivided Interest

Ownership rights in a property shared by all co-owners, without any designated portion belonging to any one owner.

Executes

Carries out, completes, or performs a task, agreement, or legal document.

Delivers

The act of transferring possession of an item or completing a service as per an agreement or contract.

Tenants in Common

A form of co-ownership where each party owns a separate and undivided interest in the property, and upon death, their share passes to their heirs or estate, not the other co-owners.