Suppose That You Own a Toy Store and Want to Buy

question 30

Multiple Choice

Suppose that you own a toy store and want to buy 100 talking robots. Your supplier will sell you the robots only if you also agree to buy 200 dolls. This is an illegal practice called

• A) monopolistic.
• B) a tying contract.
• C) a cartel.
• D) discriminatory.

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Definitions:

Homestead Exemption

A law permitting a debtor to retain the family home, either in its entirety or up to a specified dollar amount, free from the claims of unsecured creditors or trustees in bankruptcy.

Debtor

An individual or entity that owes money or an obligation to another, called the creditor.

Shelter

A structure that provides protection from weather, danger, or discomfort.

Surety

Surety is a financial arrangement where a third party (the surety) guarantees the performance of a primary party's obligations or undertakes to fulfill the primary party's obligations if the primary party fails to do so.