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Business Unfairness?

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T

TEMBRE89

Junior Member
Ohio

Say a business has an exclusive license to sell equipment from a foreign manufacturer. Is it illegal or bad business practice to use that license to purchase the equipment (at cost) and use it to start a separate business. Is that unfair?
 


quincy

quincy

Senior Member
TEMBRE89 said:
Ohio

Say a business has an exclusive license to sell equipment from a foreign manufacturer. Is it illegal or bad business practice to use that license to purchase the equipment (at cost) and use it to start a separate business. Is that unfair?
Click to expand...
Possibly. It depends on the wording of the license.
 
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