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Discuss the validity and effect of each of the following: (a) A, B, and C, manufacturers of stereos, orally agree that due to the disastrous, cutthroat competition in the market, they will establish a reasonable price to charge their purchasers.

Discuss the validity and effect of each of the following:
(a) A, B, and C, manufacturers of stereos, orally agree that due to the disastrous, cutthroat competition in the market, they will establish a reasonable price to charge their purchasers.
(b) D, E, F, and G, newspaper publishers, agree not to charge their customers more than $0.30 per newspaper.
(c) H, a distiller of liquor, and I, H’s retail distributor, agree that I should charge a price of $5 per bottle.

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a This horizontal price fixing agreement is a per se violation …View the full answer


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Smith and Roberson Business Law

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Question Details
Chapter # 41
Section: Problems
Problem: 1
Posted Date: April 04, 2012 02:30:13
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