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Under U.S.antitrust Law: I.Most Actions Are Brought by Private Individuals

question 14

Multiple Choice

Under U.S.antitrust law:
I.Most actions are brought by private individuals.
II.Successful litigants can collect treble damages.

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Definitions:

Share Control

The management or influence over the voting rights and other aspects of a company’s shares, often indicating power to make significant decisions.

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction.

S Corporation

A special type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing profits to be passed on to shareholders and taxed at individual rates.

Limited Liability Company

An entity configuration that fuses the single-tier tax system seen in a sole proprietorship or partnership with the corporation’s attribute of shielding personal assets from business liabilities.

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