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 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 a practice in which a plan

Examples of Inventory loading in a sentence

  • Subject to Section 1.05, the rights to purchase and sell the Purchased Assets are indivisible.

  • Inventory loading occurs when a company’s incentive program forces recruits to buy more products than they could ever sell, often at inflated prices.

  • Inventory loading has historically been accomplished by giving sellers financial incentives for sales withoutregard to ultimate sales to or use by actual consumers.

  • Inventory loading has historically been accomplished by giving sellers finan- cial incentives for sales without regard to ultimate sales to or use by actual consumers.

  • Inventory loading means a practice in which a plan or operation requires or encourages its participants to purchase inventory in an amount exceeding that which the participant can reasonably expect to use, consume, or resell to ultimate users, and that is not subject to a bona fide repurchase agreement.


More Definitions of Inventory loading

Inventory loading means the requirement or encouragement
Inventory loading means the requirement or encouragement by a plan or operation to have the independent salesperson of the plan or operation 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. ((10) added Nov. 25, 2020, P.L.1216, No.123)
Inventory loading means that the plan or operation
Inventory loading means that the operation requires or encourages its 86a Nº [ independent
Inventory loading means that the plan or operation requires
Inventory loading means that the plan or operation requires or encourages its independent salespersons to purchase inventory in an amount that unreasonably exceeds that which the salesperson can
Inventory loading means the requirement or