Which of the Following Could Not Bar Entry into an Industry

question 131

Multiple Choice

Which of the following could not bar entry into an industry?

• A)economies of scale
• B)diseconomies of scale
• C)patents
• D)licenses
• E)one firm's control of essential resources

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Definitions:

Unconscionability

A doctrine in contract law that describes terms that are so extremely unjust or overwhelmingly one-sided in favor of the party who has the superior bargaining power.

Non Est Factum

A legal defense asserting that a contract is invalid because the signer was unaware of its true nature due to misinformation or misunderstanding.

Duress

A situation where a person performs an act as a result of violence, threat, or pressure against them.

Breach of Contract

The violation of any terms or conditions in a contract without a lawful excuse.