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11.      What is true about lemon laws?


a.             They apply to all

goods.

b.             They apply to the sale of automobiles.

c.             They apply to the sale of new automobiles.

d.             They apply to the sale of used automobiles.


12.      T         F         Today's antitrust laws are the direct descendants of common law

                                   actions intended to limit restraints of trade.   



13.      Under The Rule of Reason (Sherman Act), courts will consider which of the following

           when analyzing an alleged Section I violation:


a.             The purpose of the agreement

b.             The effect of the potential effect of the agreement on competition.

c.             The parties' ability to implement the agreement to achieve the purpose.

d.        Whether the parties could have relied on less restrictive means to achieve their purpose.

e.        All of the above

f.         None of the above.


14.      Who enforces antitrust law?

a.             The U.S. Department of Commerce.

b.             The president.

c.             The U.S. Department of Justice..

d.             All of the above.

e.             None of the above.


15.      T         F         A vertical restraint of trade results from an agreement between firms on                                           the same levels in the manufacturing and distribution process.









16.      If a consumer notifies a credit agency that its files contain inaccurate information, the

           credit agency must delete unverifiable or erroneous information within:


a.          60 days.

b.         90 days.

c.           30 days.

d.           A reasonable time.

e.           All of the above.

f.            a., b., and c.


17.      An environmental impact statement (EIS) must analyze:


a.             The impact that the action will have on the environment.

b.             Any adverse effects on the environment and alternative actions that might be taken.

c.             Irreversible effects that the action might generate.

d.             All of the above.

e.             None of the above.



18.      The Clean Water Act (CWA) established the following goal(s):


a.             Make waters safe for swimming.

b.             Eliminate bad fish and animals.

c.             Eliminate the discharge of pollutants into waters.

d.             All of the above.

e.             a. and c.


19.      Who can be held liable under CERCLA?

a.             Generators.

b.             Transporters.

c.             Operators of the site.

d.             Current owners and operators of the site.

e.             All of the above.

f.              a. and b.




20.      T         F         The Clean Air Act regulates greenhouse gasses.

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