Economics 12E - Arnold - TB_267

Economics 12E - Arnold - TB_267 - a the Sherman Act b the...

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a. the Sherman Act. b. the Clayton Act. c. the Federal Trade Commission Act. d. the Robinson-Patman Act. e. none of the above ANSWER: d POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: The role of government KEYWORDS: Bloom's: Knowledge 22. "Tying contracts" are a. agreements between unions and businesses such that when a labor contract is signed, the union and the firm are bound by its terms. b. selling to a retailer on the condition that the retailer not resell the product to another business. c. selling to a retailer on the condition that the retailer not carry any rival products. d. arrangements whereby the sale of one product is dependent on the purchase of some other product. ANSWER: d POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Monopoly KEYWORDS: Bloom's: Comprehension 23. The antitrust legislation that declares illegal "unfair methods of competition in commerce" is POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: The role of government
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KEYWORDS: Bloom's: Knowledge 24. The antitrust legislation that empowers the Federal Trade Commission to deal with false and deceptive acts or practices (such as false and deceptive advertising) is POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: The role of government KEYWORDS: Bloom's: Knowledge
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