Sellers must carry adequate levels of merchandise that has been price promoted or offer "rain cheques" if the product sells out. What will failure to comply result in a charge of?

a. deceptive pricing
b. price fixing
c. resale price maintenance
d. price discrimination

Ans: a. deceptive pricing

Business

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Which term refers to the risk that interest income will decrease as maturing assets are replaced with new, more current assets?

A. Credit risk. B. Refinancing risk. C. Reinvestment risk. D. Liquidity risk. E. Sovereign risk.

Business

Strategies to achieve a sustainable competitive advantage include each of the following except

A) cost leadership. B) cost/differentiation. C) disaggregation. D) differentiation.

Business