Maine Revised Statutes Title 10 Sec. 1207 – Penalties
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Terms Used In Maine Revised Statutes Title 10 Sec. 1207
- Cost to the retailer: shall mean the invoice cost of the merchandise to the retailer within 30 days prior to the date of sale, or the replacement cost of the merchandise to the retailer within 30 days prior to the date of sale, in the quantity last purchased, whichever is lower; less all trade discounts except customary discounts for cash; to which shall be added:
A. See Maine Revised Statutes Title 10 Sec. 1202Cost to the wholesaler: shall mean the invoice cost of the merchandise to the wholesaler within 30 days prior to the date of sale, or the replacement cost of the merchandise to the wholesaler within 30 days prior to the date of sale, in the quantity last purchased, whichever is lower; less all trade discounts except customary discounts for cash; to which shall be added:
A. See Maine Revised Statutes Title 10 Sec. 1202Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other. Retailer: shall mean and include every person, copartnership, corporation or association engaged in the business of making sales at retail within this State. See Maine Revised Statutes Title 10 Sec. 1202 Wholesaler: shall mean and include every person, copartnership, corporation or association engaged in the business of making sales at wholesale within this State. See Maine Revised Statutes Title 10 Sec. 1202
Any retailer who, with intent to injure competitors or destroy competition, advertises, offers to sell or sells at retail any item of merchandise at less than cost to the retailer, or any wholesaler who, with intent as aforesaid, advertises, offers to sell or sells at wholesale any item of merchandise at less than cost to the wholesaler shall be punished by a fine of not more than $500. In all prosecutions under this section, proof of consistent and repeated advertisements, offers to sell or sales of any items of merchandise by any retailer or wholesaler at less than cost to them as defined in this chapter, said advertisements, offers to sell and sales thereby forming a pattern of sales below cost, shall be prima facie evidence of intent to injure competitors and destroy competition.