W & W, Inc

question 7

Essay

W & W, Inc. manufactures and sells widgets. It sells widgets to Marklin of Marklin's Department Store and gives him a preference in pricing that discriminates against other retailers. Does Marklin have liability for price discrimination? Does W & W, Inc. have liability for price discrimination? Explain.

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Definitions:

Two-Factor Theory

A theory, also known as Schachter-Singer theory, that emotional experience arises from a combination of a state of arousal and a cognitive label for that arousal.

Autonomic Nervous System

The part of the nervous system that controls involuntary body functions such as heartbeat, digestion, and respiration.

Automatic Emotional Responses

Immediate, subconscious reactions to stimuli that involve emotions, such as feeling scared when hearing a loud noise.

Thalamus

A part of the brain that acts as a relay station for sensory information, excluding smell, directing it to the appropriate areas of the brain for processing.