three basic types of contractual systems are:
A) retailer-sponsored cooperatives, wholesaler-sponsored voluntary chains, and franchises.
B) dual ownership agreements, industry consortiums, and non-binding cooperatives.
C) wholesaler-sponsored voluntary chains, non-binding cooperatives, and franchises.
D) dual ownership agreements, industry consortiums, and multi-national cartels.
E) non-binding, binding, and in perpetuity.

Question

Quizplus · Accepted Answer

The three basic types of contractual systems are retailer-sponsored cooperatives, wholesaler-sponsored voluntary chains, and franchises. These systems involve agreements between independent entities to achieve economies of scale and improve market competitiveness.

Three Basic Types of Contractual Systems Are