Examlex
Suppose that the average cost of a doctor visit is $100.If the government imposes a price ceiling of $50 on the cost of a doctor visit,there will be:
Ultra Vires
Acts or transactions conducted by a corporation that fall outside the scope of powers and purposes defined by its charter or laws; such acts may be invalid or unauthorized.
Clayton Act
The Clayton Act is a U.S. antitrust law, enacted in 1914, aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Act.
Interlocking Directorates
In antitrust law, a situation that occurs when individuals serve as directors for two corporations that are competitors.
Golden Parachute
A substantial financial package granted to a corporate executive upon termination, often after a takeover or merger.
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