Inventory loading definition
Inventory loading means the requirement or encouragement by a plan or operation that its participants purchase inventory in an amount that exceeds the amount that the participant can expect to resell for ultimate consumption or to consume in a reasonable time period, or both.
Inventory loading means that the plan or operation requires
Inventory loading means the requirement or encouragement by a plan or operation that its independent salesperson purchase inventory in an amount that exceeds the amount that the salesperson can expect to resell for ultimate consumption or to use or consume in a reasonable time period, or both the requirement or encouragement.
Examples of Inventory loading in a sentence
Subject to Section 1.05, the rights to purchase and sell the Purchased Assets are indivisible.
More Definitions of Inventory loading
Inventory loading means actions that require or encourage participants in a scheme or course of conduct to purchase inventory in an amount that exceeds that which a participant can reasonably be expected to resell for ultimate consumption or, if purchased for the participant’s own use or consumption, can reasonably be expected to use or consume within a reasonable time period.
Inventory loading means that the plan or operation requires or encourages its independent salespersons to purchase inventory or services in an amount that unreasonably exceeds what the salesperson can expect to resell for ultimate consumption or consume in a reasonable time period;
Inventory loading means the requirement or encouragement
Inventory loading means actions that require or encourage
Inventory loading means a practice in which a plan
Inventory loading means that the plan or operation requires or encourages its independent salespersons to purchase inventory or services in an amount that unreasonably exceeds what the salesperson can expect to resell for ultimate consumption or consume in ninety (90) days from the date of the purchase;
Inventory loading means that the operation requires or encourages its participants