A Seller's Requirement That the Purchaser of One Product Also

question 139

Multiple Choice

A seller's requirement that the purchaser of one product also buy another item in the line is called __________.

• A)exclusive dealing
• B)a requirement contract
• C)a tying arrangement
• D)an exclusive territorial distributorship
• E)a selective promotion contract

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Definitions:

Source of Cash

Any activity or operation within a business that generates cash, including operations, financing, and investing activities.

Accounts Receivable Period

The average number of days that it takes for a company to collect payments owed by its customers after a sale has been made.

Early Payment Discount

An incentive offered by a seller to a buyer for paying a bill before the due date.

Grants Credit

The offering of deferred payment terms or a line of credit to a buyer for the purchase of goods or services.