Lowest Legal Price Guarantee
Posted in the Business News Forum
Since: Jun 11
#1 Dec 4, 2012
The Minimum Resale Price is the lowest legal price when the seller and buyer are in different states or countries. Any other phrase used to describe the lowest price leaves its creator less legally responsible since "Minimum Resale Price" is used in the law more than any other (e.g. U.S. Supreme Court Case: Leegin Creative Leather Products Inc. vs. PSKS Inc.). Apart from manufacturers, any seller can assign one so you can use it when selling to make shopping easier.
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