Practice question
An agreement falls under Section 14(c), rather than the categories in (a) or (b). The parties invoke improved distribution. Which additional statutory consideration is essential to their efficiency argument?
- The parties’ preference for secrecy
- A promise that no customer will ever complain
- The use of an expensive trademark
- Foreign incorporation of both parties
- Whether consumers receive a fair share of the resulting benefits
Legal references
- RA 10667, Section 14(c): https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
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