​If a Firm Decides to Stop Its Sales Agents from Pricing

question 22

Multiple Choice

​If a firm decides to stop its sales agents from pricing too aggressively to make sales by requiring the agent to obtain permission to reduce price below a specific threshold,and the manager has all the relevant information transferred to him by the firm,the solution would

• A)​Work
• B)Not work
• C)Not work in all circumstances
• D)​None of the above

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Definitions:

Proper Consideration

The requirement in contract law that something of value must be exchanged between the parties to form a valid contract.

Incorporeal Property

Refers to intangible assets owned by an individual or corporation, such as intellectual property, securities, and rights to financial accounts.

Nonprofit Corporation

A type of organization that operates without the purpose of making a profit, typically focusing on charitable, educational, or social missions.

Promoter

An individual or company responsible for organizing, financing, or sponsoring an event, project, or business venture, often prior to its creation.