Case summary: Allegations were made against the Philippines producers of canned pineapples for selling the undervalued products in the U.S. The producers were also involved in exporting other products such as pineapple juice and its concentration, which lowered the overall cost of canned pineapple, as claimed by the producers. The court calculated the production cost and found it to be 90 percent more than the total production cost.
To find: The applied approach is reasonable to determine the cost of production and the reasonable market value of the canned or preserved pineapple in the U.S.
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Chapter 11 Solutions
MindTap Business Law, 1 term (6 months) Printed Access Card for Cross/Miller's The Legal Environment of Business: Text and Cases, 10th (MindTap Course List)
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- Indian Coffee Company, a coffee roaster in Pittsburgh, Pennsylvania, sold its Breakfast Cheer coffee in the Pittsburgh area, where it had an 18 percent market share, and in Cleveland, Ohio, where it had a significant, but smaller, market share. Late in 1971, Folger Coffee Company, then the leading seller of branded coffee west of the Mississippi, entered the Pittsburgh market for the first time. In its effort to gain market share in Pittsburgh, Folger granted retailers high promotional allowances in the form of coupons. Retail customers could use these coupons to obtain price cuts. Redeeming retailers could use the coupons as credits against invoices from Folger. For a time, Indian tried to retain its market share by matching Folger’s price concessions, but because Indian operated in only two areas, it could not subsidize such sales with profits from other areas. Indian, which finally was forced out of business in 1974, later filed a Robinson—Patman suit against Folger. At trial,…arrow_forwardA letter of credit is issued in favor of the importer;True or Falsearrow_forwardwhich of the following is considered an Unfair Trade Practice under Florida law? A) Abandonment B) Coercion C) Consequential Damage D) Waiverarrow_forward
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