LNG LLC and Mainline Utility Corporation Enter a Contract for a Sale

question 55

Multiple Choice

LNG LLC and Mainline Utility Corporation enter a contract for a sale of liquefied natural gas. LNG draws a draft unconditionally ordering Mainline to pay $50,000 to LNG's order in sixty days. Mainline signs and dates the draft. LNG can sell the draft to

• A) Mainline only.
• B) LNG's bank only.
• C) any party after the draft has been paid.
• D) any party before payment is due.

Explain the causes of conflict in distribution channels, including vertical and horizontal conflicts.

Understand the concept of a channel captain and the roles it plays within the distribution channel.

Describe practices that restrain competition, such as exclusive dealing, tying arrangements, and resale restrictions.

Identify the consequences and legal repercussions associated with violating antitrust laws in channel management.

---

Definitions:

Circulating Red Blood Cells

Red blood cells that travel throughout the cardiovascular system, delivering oxygen to tissues and removing carbon dioxide.

Organelles

Specialized structures within a cell that perform distinct processes, like the nucleus, mitochondria, and chloroplasts.

Eukaryotic Organelle

Structurally defined intracellular compartments in eukaryotic cells, each with specialized functions, like the nucleus or mitochondria.

Nucleus

A membrane-bound organelle found in eukaryotic cells that contains most of the cell's genetic material and regulates gene expression and cell division.