Jimmy's Foods, a Popular Food Company in the United States

question 48

Multiple Choice

Jimmy's foods, a popular food company in the United States is trying to resolve a dispute with a local company in New Zealand which has been operating under the same name in their country. All the attempts by the company to settle the issue in a friendly manner have failed. The directors at Jimmy's want to retain their trade name in the country and have decided to settle the dispute with the local company by appointing a mediator. They also want the sessions to be private because of the fear of creating a poor public image. Which of the following dispute resolution methods is best suited for the above situation?

• A) Conciliation
• B) Prosecution
• C) Arbitration
• D) Coercion
• E) Litigation

---

Definitions:

Robinson-Patman Act

American federal legislation that aims to stop producers from participating in anticompetitive actions, explicitly targeting the practice of price discrimination.

Wholesalers

Businesses or individuals that sell goods in large quantities at lower prices, typically to retailers or professional users rather than consumers.

Patent Licensing

An agreement in which a patent holder allows another party to use, make, sell, or distribute the patented invention for a defined period, terms, and territory.

Tying Agreements

Business arrangements where the buyer of a product or service is required to purchase an additional product or service from the seller.