bus law 1 quiz 6 - User Robin Juratovac Submitted 10:02 PM...

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User Robin Juratovac Submitted 12/4/11 10:02 PM Name Week Six Quiz Status Completed Score 36 out of 40 points Instructions Question 1 2 out of 2 points The only major antitrust statute with criminal penalties is the Sherman Act. Answer Selected Answer: True Correct Answer: True Question 2 2 out of 2 points All restraint of trade is illegal. Answer Selected Answer: False Correct Answer: False Question 3 2 out of 2 points In a Sherman Act Section 2 action, a court must define both the relevant geographical market and the relevant product or service market. Answer Selected Answer: True Correct Answer: True Question 4 2 out of 2 points
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The primary source of antitrust laws is: Answer Selected Answer: federal statutes. Correct Answer: federal statutes. Question 5 2 out of 2 points What is “predatory” pricing under Section 2 of the Sherman Act? Answer Selected Answer: Any pricing below marginal or average cost intended to drive out competition. Correct Answer:
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This note was uploaded on 01/30/2012 for the course BUL 329213 taught by Professor Singletary during the Spring '11 term at Florida State College.

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bus law 1 quiz 6 - User Robin Juratovac Submitted 10:02 PM...

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