All of the Following Are Examples of Contractual Vertical Marketing

question 150

Multiple Choice

All of the following are examples of contractual vertical marketing systems,except:

• A)wholesaler-sponsored voluntary chains
• B)retailer-sponsored cooperatives
• C)franchising program
• D)distribution-sponsored voluntary chains

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Definitions:

Individual Circumstances

Specific conditions or factors unique to a person's situation or case.

Indorser

A person who signs a negotiable instrument, such as a check, over to someone else, thereby making the recipient the legal owner of the document.

Secondary Liability

Legal responsibility of a third party for acts of another when that party has indirect involvement or benefits from the wrongful acts.

Without Recourse

A term indicating that the holder of a financial instrument cannot demand payment from the originator if the primary obligor defaults.