« previous next »

Author Question: Options require consideration to be valid. Indicate whether the statement is true or ... (Read 64 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 24, 2018
Options require consideration to be valid.
  Indicate whether the statement is true or false

Question 2

Louis Vuitton is a manufacturer of luggage, purses, wallets, and briefcases and is internationally known for its classic LV design on its products. Vuitton has authorized two U.S. importers to handle its products with the caveat that the products are to be sold only in the finer department stores and Vuitton-authorized dealers and franchises. One dealer has been selling the Vuitton products at substantial discounts to a wholesaler in the Los Angeles garment district. Discuss Vuitton's rights in this situation.


cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

Vuitton is experiencing the gray market - the authorization for sales of goods is being exceeded with the resultant flooded market and reduced price. However, under current law there is little hope for Vuitton controlling the imports by the LA dealer. Vuitton may have to take the action of terminating the wholesaler.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
States that require licensing or certification. Graphic provided by Associated Bodywork & ... States that require licensing or certification. Graphic provided by Associated Bodywork & ...
Which of the following is not a valid resonance structure for N3? Which of the following is not a valid resonance structure for N3?
Select the changes in the embryo that indicate that a blastocyst has formed. 3 options: t Select the changes in the embryo that indicate that a blastocyst has formed. 3 options: t
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library