Identify the Correct Statement About the Changing Market Conditions Defense

question 22

Multiple Choice

Identify the correct statement about the changing market conditions defense which buyers and sellers use that enable some types of price discrimination to occur.

• A) The burden of such a defense is with the buyer.
• B) This defense would attempt to justify the price differential based on the danger of imminent deterioration of perishable goods.
• C) The seller can attempt to show that its lower price to a purchaser was made in good faith in order to meet an equally low price of a competitor, provided that this "matched price" did actually exist and was lawful itself.
• D) Such a defense would attempt to show that a differential in price could be accounted for on the basis of differences in cost to the seller in the manufacture, sale, or delivery arising from differences in the method or quantities involved.
• E) This defense would attempt to justify the price differential based on the obsolescence of seasonal goods.