Carl wilton has just sold his mexican restaurant to

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Medium/Heavy Duty Truck Engines, Fuel & Computerized Management Systems
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Chapter 50 / Exercise 14
Medium/Heavy Duty Truck Engines, Fuel & Computerized Management Systems
Bennett
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27.Carl Wilton has just sold his Mexican restaurant to Jerry Felt. The restaurant islocated in Costa Brava, a city of about 300,000 people. In their sales agreement, a clause provides that Carl will not open another restaurant in Costa Brava for a period of five years. The clause is:a.*a covenant not to compete.b.void as against public policy.c.prohibited under the Sherman Act.d.none of the aboveANS:A
PTS:1NAT:AACSB: AnalyticTOP: covenants28.Which of the following statutes was the first federal antitrust statute?
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Medium/Heavy Duty Truck Engines, Fuel & Computerized Management Systems
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Chapter 50 / Exercise 14
Medium/Heavy Duty Truck Engines, Fuel & Computerized Management Systems
Bennett
Expert Verified
PTS:1NAT:AACSB: AnalyticTOP: history29.What is the maximum penalty a corporation can receive for a violation of the Sherman Act?
PTS:1NAT:AACSB: AnalyticTOP: penalties30.Resale price maintenance is:
PTS:1NAT:AACSB: AnalyticTOP:resale price31.Resale price maintenance occurs when:a.the manufacturer suggests retail price.b.*minimum prices are enforced.c.consignment arrangements control prices.d.all of the aboveANS:B
PTS:1NAT:AACSB: AnalyticTOP:resale price32.Fair trade contracts are:
PTS:1NAT:AACSB: AnalyticTOP:fair trade33.Exclusive distributorships are:
PTS:1NAT:AACSB: AnalyticTOP: distributorships34.Territorial restrictions are:
PTS:1NAT:AACSB: AnalyticTOP: territories35.Snow-Man manufactures a cotton candy machine. It will not sell its machine unless the buyer purchases at least five-dozen paper cones for holding the cotton candy. Snow-Man's requirement:a.is an example of an exclusive dealing contract.b.*is a tying arrangement.c.is a requirements contract.d.none of the aboveANS:B
PTS:1NAT:AACSB: AnalyticTOP: tying36.Snow-Man manufactures a cotton candy machine. It will not sell its machine unless the buyer purchases at least five-dozen paper cones for holding the cotton candy. The cotton candy machine is:
PTS:1NAT:AACSB: AnalyticTOP: tying

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