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The minimum contracts requirements is usually met if a corporation advertises or sells its products within a state.True or False?

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User Jc John
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1 Answer

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Final answer:

The minimum contracts requirements are usually not met just by advertising or selling products within a state.

Step-by-step explanation:

The statement that the minimum contracts requirements is usually met if a corporation advertises or sells its products within a state is false. Meeting the minimum contracts requirements usually involves more than just advertising or selling products within a state. The requirements can vary depending on the specific contract and legal regulations.

For example, a product manufacturer may be legally allowed to suggest minimum prices to dealers and stop selling to dealers who regularly undercut the suggested price. However, demanding a minimum resale price maintenance agreement is generally considered illegal as it restricts competition among dealers.

It's important to note that laws and regulations related to contracts can differ by jurisdiction, so it's crucial to consult legal professionals or relevant authorities for accurate and up-to-date information.

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User ImPK
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