The Practice of Requiring a Consumer to Purchase Two or More

question 14

Multiple Choice

The practice of requiring a consumer to purchase two or more products together,rather than separately,is called

• A) free-riding.
• B) cartelling.
• C) tie-in sales.
• D) predatory pricing.

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Definitions:

General Ledger

A complete record of a company's financial transactions over the lifespan of the organization, serving as the foundation of its financial reporting.

Expenses Account

An accounting ledger that reflects the costs incurred by a business in the process of earning revenue.

Revenue Account

A record that monitors the revenue a firm produces through its regular business activities.

Trial Balance

A financial report that lists all the accounts with their balances at a specific date, used to verify the equality of debits and credits in the bookkeeping system.