Mark, a real estate broker representing a seller, insists that his client use his real estate attorney, otherwise, he won't sell the house. what has mark introduced...?

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ssuzi5253 ssuzi5253

25-07-2022
Business

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Mark, a real estate broker representing a seller, insists that his client use his real estate attorney, otherwise, he won't sell the house. what has mark introduced...?

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ogorwyne ogorwyne · Answer 1 · 2022-07-28T20:10:52+02:00

Mark, a real estate broker representing a seller, insists that his client use his real estate attorney, otherwise, he won't sell the house. what has mark introduced? Tie-in Arrangement.

What is the Tie-in Arrangement?

This can be defined to be the type of arrangement that has the the condition of the sale of only one product by the person that is selling.

This type of arrangement is made up of the agreement that involves purchasing a different product from the person that is selling. The product here is what is referred to as the tie product.

A very good example of this type of arrangement is one where a patented drug is tied to a dispenser that is patented. This would therefore extend the monopolistic rights to its sale.