business law

Dealer

1.  A retailer who purchases goods or services for resale to consumers in a principal capacity.

2.  In securities law, a person who functions at least part time as an agent, broker, or principal in the business of offering, buying, selling, or otherwise dealing in securities issued by another person.  Either direct or indirect involvement with such transactions can suffice for classification as a dealer.  See, e.g., 15 U.S.C.

 

Tying arrangement

Definition

An agreement in which the seller conditions the sale of one product (the "tying" product) on the buyer's agreement to purchase a separate product (the "tied" product) from the seller.   Alternatively, it is also considered a tying arrangement when the seller conditions the sale of the tying product on the buyer's agreement not to purchase the tied product from any other seller.  See Eastman Kodak v. Image Technical Services, Inc., 504 U.S. 541 (1992).

 

Taxonomy upgrade extras: 

Pages

Subscribe to RSS - business law