Termination of a tv retailers sales contract with a

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Intermediate Accounting: Reporting and Analysis
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Chapter 4 / Exercise 1
Intermediate Accounting: Reporting and Analysis
Jones/Wahlen
Expert Verified
51. Termination of a TV retailer's sales contract with a TV manufacturer by that manufacturer for selling the manufacturer's TVs at too-low prices is: a. a per se violation of the Sherman Act. b. *resale price maintenance subject to a rule of reason review. c. price fixing. d. none of the above ANS: B PTS: 1 NAT: AACSB: Analytic TOP: pricing
52. Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads 'R' Us. Unless the agreement is signed, no one is awarded a franchise. Salads 'R' Us maintains that the agreement is necessary to preserve uniformity and quality in all franchise outlets. The purchasing requirement is: PTS: 1 NAT: AACSB: Analytic
TOP: tying 53. Delivery costs based on set points throughout the country are: PTS: 1 NAT: AACSB: Analytic
TOP: price discrimination
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Intermediate Accounting: Reporting and Analysis
The document you are viewing contains questions related to this textbook.
Chapter 4 / Exercise 1
Intermediate Accounting: Reporting and Analysis
Jones/Wahlen
Expert Verified
54. Competition among Colgate, Crest, and Aim toothpastes is: PTS: 1 NAT: AACSB: Analytic TOP: interbrand competition
55. Christie’s and Sotheby’s: a. faced criminal charges of price fixing. b. *faced civil charges of price fixing. c. faced both criminal and civil charges of price fixing. d. faced neither criminal nor civil charges of price fixing. ANS: B PTS: 1 NAT: AACSB: Analytic
TOP: price fixing 56. Sedres, Inc. is the manufacturer of the current best-selling TV video game system. Sedres will not sell parts for repair of the systems to anyone other than its authorized dealers. All Sedres authorized dealers are required to send used parts back to Sedres. Sedres will terminate an authorized dealer if it uses non-Sedres parts for repairs. Sedres' policies on dealers: PTS: 1 NAT: AACSB: Analytic TOP: Sherman Act
57. Toys R Us is an international toy retailer. The Justice Department has just filed a complaint against the giant retailer alleging that Toys R Us refuses to carry toy lines or toys if the manufacturers sell their products to discount warehouse stores such as Sam's Club or Costco. Toys R Us maintains that when manufacturers sell toys to these warehouses, they sell only the hot toy items for the Christmas season at large discounts. Their pricing undercuts Toys R Us and Toys R Us must carry a full line of toys, even those they do not share the same demand levels. Toys R Us:
deal. c. may have engaged in a price-fixing conspiracy. d. *both b and c ANS: D PTS: 1 NAT: AACSB: Analytic TOP: refusal to deal

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