A Representative from Coca-Cola Stops by at a Local Fast-Food

question 133

Multiple Choice

A representative from Coca-Cola stops by at a local fast-food restaurant once a month to inquire how much soft drink syrup the store will need. The restaurant's orders are an example of which type of business purchase?

• A) New task
• B) Modified rebuy
• C) Straight rebuy
• D) Bid
• E) Negotiated

---

Definitions:

Tying Contracts

Legal agreements where the sale of one product is conditioned on the purchase of another product.

Clayton Act

A U.S. antitrust law, enacted in 1914, that prohibits certain actions leading to anti-competitiveness, such as price discrimination, exclusive deals, and mergers that significantly lessen competition.

FTC Act

The Federal Trade Commission Act is a piece of legislation, established in 1914, aimed at preventing unfair or deceptive business practices and promoting competition.

Antitrust Laws

Legislation aimed at preventing monopolies and promoting competition by regulating business practices that might restrict trade or competition.