The Competition Act Creates a Number of Criminal Offences Punishable

question 42

Multiple Choice

The Competition Act creates a number of criminal offences punishable by fines and imprisonment.The Act prohibits competitors from entering into agreements that hurt competition in their industry which are generally described as conspiracies.Criminal conspiracies include all of the following except

• A)price fixing.
• B)market allocation.
• C)restriction of supply.
• D)telemarketing.
• E)sport professional restraint of play.

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Definitions:

Systematic Desensitization

A behavioral therapy technique aimed at reducing anxiety through gradual exposure to the feared object or situation coupled with relaxation exercises.

Operant Conditioning

A learning process in which the likelihood of a behavior is increased or decreased through reinforcement or punishment.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Exposure

A therapeutic technique where individuals confront their fears or anxieties in a controlled, gradual manner to decrease sensitivity and reactive behaviors over time.