Having a business that runs smoothly is one of the expectations of every owner. Moreover, if the business is running well and has a good impact on the environment and the surrounding community. Of course you already understand that good business must be mutually beneficial to each other. Not only that, a good owner must also comply with the laws and regulations that have been made by the government. These laws and regulations are the benchmark that the company is a legal company or not. The law also binds the agreement legally.
A business agreement such as the sale and purchase of drugs is an example of a business agreement that involves an object whose purpose is prohibited by statute. In fact, there are other treaties that are also prohibited by state law. For this reason, before you enter into an agreement with another party, you must be careful and also check in detail the contents of the agreement and the applicable laws so that you are not caught in the wrong business activities. The following agreements are prohibited in business law that you need to know.
Agreement with the Purpose of Making Prices Lower Than Market Prices
The retail price on the market has been set by the government. For entrepreneurs who are from price monopolies or from prices set by irresponsible middlemen, the lowest retail price is determined by the government. the prohibition of making agreements to make goods lower than the price of goods in the market … Read More