Sifco Inc,A Tire Manufacturing Company,stipulates That Rambox Corp

Sifco Inc.,a tire manufacturing company,stipulates that Rambox Corp.should buy its entire line of Roadgrip tires.Sifco has significant market power in a particular variety of Roadgrip tires for which no substitutes are available in the market.It uses this power to its advantage and does not agree to let Rambox buy less than the entire line of Roadgrip tires.The sales contract between Sifco and Rambox is an example of a ______.

A) tying arrangement
B) reciprocal dealing arrangement
C) rescission contract
D) premerger arrangement
E) justification contract

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free