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2014): This case involved allegations that Frito-Lay mislabeled its Rold Gold pretzels as “all-natural” despite the fact that the pretzels contain unnatural ingredients (including niacin, riboflavin, folic acid, and ammonium bicarbonate). ... Fetch Here
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With respect to the sales meeting, Frito-Lay stated, “While a Frito-Lay employee was engaged in a sales call to a customer, a P&G sales representative joined them and made an unsolicited sales presentation to the customer in the Frito-Lay employee’s presence.” ... Read Full Source
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Ask the class if they have any examples of contracts that would have been different if both parties had the same information. Hidden Action-actions that affect performance but can’t be observed. Ask the class if they have any examples of market relationships that may be distorted by hidden action (e.g. CEO compensation contracts, franchise ... View Document
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