What are exclusive distribution and dealing arrangements, and when are they legal?

What will be an ideal response?

Exclusive distribution is the practice of allowing only certain outlets to carry a seller's products. Exclusive dealing is forbidding dealers from handling competitors' products. Exclusive arrangements are legal as long as both parties enter into them voluntarily and they do not substantially lessen competition or tend to create a monopoly.

Business

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Internet is an example of a nonpersonal channel of communication

Indicate whether the statement is true or false

Business

What personal characteristics should you look for in a full-service broker and why are they important?

What will be an ideal response?

Business