An Arrangement That Requires a Marketing Intermediary to Carry Items

question 107

Multiple Choice

An arrangement that requires a marketing intermediary to carry items other than those they want to sell is known as a(n) _____.

• A)contractual collusion
• B)tying agreement
• C)closed sales territorial restriction
• D)exclusive dealership agreement

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Definitions:

Supplemental Security Income

A United States government program that provides financial aid to elderly, blind, or disabled individuals with little or no income to help them meet basic needs for food, clothing, and shelter.

Negative Income Tax

is a proposed system of income support that involves the government providing financial assistance to individuals earning below a certain threshold.

Tax Liability

The total amount of tax that an individual, corporation, or other entity is obligated to pay to tax authorities, based on income, property value, or other taxable attributes.

Diminishing Marginal Utility

The decrease in satisfaction or benefit from consuming each additional unit of a good or service.