Eliminating Intermediaries in the Channel of Distribution Means That Prices

question 139

True/False

Eliminating intermediaries in the channel of distribution means that prices to consumers decline because the intermediaries no longer need to be paid.

---

Definitions:

Creators’ Obligations

Duties and responsibilities that creators, such as authors, artists, and designers, owe to their clients, sponsors, or the public, which may include originality, quality, and copyright adherence.

Promissory Estoppel

A legal principle that prevents a promisor from retracting a promise which the promisee relied on, leading to a detriment.

Equitable Doctrine

Legal principles developed by courts based on fairness and justice, used to supplement and correct strict legal rules that might lead to unfair results.

Unjust Enrichment

A legal principle that prevents one party from gaining a benefit at another's expense without compensation.