Price discrimination is expressly permitted in all of the following except:
A) In differences involving product grade or quality
B)When involving the cost of transportation.
C)When making good faith efforts to meet the competition.
D)In situations involving resale price maintenance.
D
Business
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Ending a contract by mutual release is a nonbinding agreement
a. true b. false
Business
All of the following statements about the independent agency system are true EXCEPT
A) Agents are often authorized to adjust small claims. B) Agents are compensated on the basis of commissions. C) The insurer rather than the agent owns the renewal rights to the business. D) The agent is an independent business person who represents several insurers.
Business