True or False: A bulk transfer requires that the items are sold at retail prices.

The statement is false because a bulk transfer does not mandate that items must be sold at retail prices. Instead, in a bulk transfer, goods can be sold at varying prices that are not necessarily tied to retail pricing. This type of transaction typically involves the sale of a large quantity of inventory or assets, often in a distressed liquidation context, where sellers might accept discounted prices to expedite the sale process.

While the specific terms of the contract can dictate how items are priced in any sale, as a general principle in bulk transfers, there are no restrictions requiring that the items be sold at their retail value. This reality allows for flexibility in transaction negotiations, enabling buyers and sellers to agree on prices that reflect market conditions, demand, or urgency rather than traditional retail pricing structures.