Distribution Agreements · glossary
A price the supplier suggests and the distributor is free to ignore. The Agreement recommends €150 a month to rent a machine, as “a recommendation only”. Pressure to keep to it, such as slower deliveries, turns it into a fixed minimum. Agreement, clause 7.4 · Chapter 4 · see Resale price maintenance
Explained in Chapter 4, Prices, Payment Terms and Resale Price Maintenance, of Distribution Agreements.
Two things stay allowed. The supplier may give a recommended price, a figure the distributor may ignore. It may also set a maximum, because a ceiling only keeps prices down.Read Chapter 4, Prices, Payment Terms and Resale Price Maintenance →
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Distribution Agreements → · All terms A–Z →