Consent Restraints and Provisions Disqualifying Purchasers May Be Used as Long

question 38

Multiple Choice

Consent restraints and provisions disqualifying purchasers may be used as long as:

• A)they are not manifestly unreasonable.
• B)at least one party consented to the provision.
• C)the limitation is not unfair under prevailing professional norms.
• D)the provision has a legitimate business interest.

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Definitions:

Centre-of-Gravity Model

A method used in location planning that minimizes transportation costs by considering location, weight, and distance.

Location Analysis Technique

A method used to determine the most optimal location for a business, facility, or operation based on factors like cost, resources, and logistics.

Transportation Method

A linear programming technique used to determine the most efficient and cost-effective way to move goods from several sources to several destinations.

Manufacturing Organization

An entity engaged in the transformation of raw materials or components into finished products through the use of labor, machinery, and processes.