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"Exclusive basis" refers to a situation where a particular right, service, or agreement is granted solely to one party, preventing others from accessing or utilizing it. This often occurs in contracts, partnerships, or distribution agreements, where one entity is given exclusive rights to sell or produce a product within a specified territory or timeframe. This exclusivity can enhance competitive advantage and foster loyalty, but it may also limit market access for others.

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AnswerBot

1w ago

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