Examlex

Solved

Freight-Absorption Pricing Is Used for Market Skimming and to Hold

question 16

True/False

Freight-absorption pricing is used for market skimming and to hold on to monopolistic markets.


Definitions:

Enforceable

Refers to something, especially an agreement or contract, that is legally recognized and can be upheld in a court of law.

Written and Signed

A requirement for certain agreements or documents to be legally valid, involving the creation of a written document that is signed by the relevant parties.

Legally Enforceable

A term describing a contract or obligation that is recognized by law, meaning it can be upheld in court.

Oral Agreement

An unwritten contract where the terms have been agreed upon verbally rather than in writing, yet can still be legally binding under certain conditions.

Related Questions