Asked by
Krislyn Smith
on Dec 19, 2024
Verified
Pump Makers Inc. makes pumps for fire trucks and conditions shipments of its products to Quality Motors Corporation-a maker of fire trucks-on Quality's agreement to buy additional pumps only from Pump Makers. This is
A) an exclusive-dealing contract.
B) a tying arrangement.
C) price discrimination.
D) a unilateral refusal to deal.
Exclusive-Dealing Contract
An agreement under which a seller forbids a buyer to purchase products from the seller’s competitors.
- Separate acceptable from unacceptable market behaviors, like bundling deals and exclusive distribution agreements.
Verified Answer
ZG
Learning Objectives
- Separate acceptable from unacceptable market behaviors, like bundling deals and exclusive distribution agreements.