Choose the Word or Phrase in [ ] Which Will

question 96

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Borrowing from relatives is [highly | seldom] recommended by financial advisors.

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Definitions:

Discriminatory Pricing

The practice of charging different prices to different consumers for the same product or service, based on factors like race, gender, or geographic location, which is often considered unethical and illegal.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 to prohibit monopolistic business practices.

Horizontal Restraint

A term used in antitrust law to describe practices that restrict competition among firms operating at the same level of the market, such as price-fixing agreements between competitors.

Predatory Pricing

A pricing strategy where a product or service is set at a very low price with the intent to drive competitors out of the market or create barriers to entry for potential new competitors.