Clear View Corporation Offers to Sell Its Flat-Panel Display Monitors

question 35

Multiple Choice

Clear View Corporation offers to sell its flat-panel display monitors to Best Computer & Video, Inc., only if Best agrees to buy Clear View's servicing of its products along with the monitors. This is​

• A) ​an exclusive-dealing contract.
• B) ​a tying arrangement.
• C) ​price discrimination.
• D) ​business acumen.

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Definitions:

Repossesses

The act of taking back an item, typically a vehicle or property, when the buyer fails to make the required payments.

Breach of Warranty

The failure to fulfill the terms of a promise or assurance, typically regarding the quality, condition, or performance of a product or service.

Lessor

The party in a lease agreement who owns the leased asset and provides it to the lessee in return for payment.

Warranted

Justified; having a valid reason or basis, often referring to a guarantee provided on a product or service.