Continuous Distribution refers to a probability distribution that describes the likelihood of a continuous random variable taking on a specific value within a given range. It is characterized by a probability density function (PDF) rather than a probability mass function (PMF) used for discrete distributions. The output of a continuous distribution is a range of values rather than specific outcomes.
Answer: Continuous distribution refers to the distribution of a product or service that is ongoing and does not have a set end date.
Answer: Examples of continuous distribution include subscription-based services, such as streaming platforms or monthly delivery services.
Answer: Yes, continuous distribution is legal as long as it complies with all applicable laws and regulations.
Answer: Legal considerations for continuous distribution include compliance with consumer protection laws, contract law, and intellectual property law.
Answer: It depends on the terms of the contract between the company and the distributor. If the contract allows for termination at any time, then the company can terminate the distribution.
Answer: It depends on the terms of the contract between the company and the distributor. If the contract allows for price variation, then the distributor can sell the product at a different price.
Answer: The company may have the right to terminate the agreement and seek damages for any losses incurred as a result of the breach.
Answer: It depends on the terms of the contract between the company and the distributor. If the contract restricts the geographic region, then the distributor cannot sell the product in a different region.
Answer: Yes, a company can have multiple distributors for the same product as long as it does not violate any exclusivity agreements or other legal obligations.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 5th April 2024.
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