Which of the Following Is an Element of Direct Price

question 15

Multiple Choice

Which of the following is an element of direct price discrimination that must be shown to prove a violation of Section 2(a) of the Robinson-Patman Act?

• A) unilateral refusal to deal
• B) group boycott
• C) sales to two or more purchasers
• D) willful monopolizing

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Definitions:

Loan

A sum of money that is borrowed, which must be paid back with interest, typically used for significant purchases, investing, or to cover cash flow shortfalls.

Balloon Loan

A type of loan that has low, fixed monthly payments for a period of time, followed by a large payment for the remaining amount due at the end of the term.

Amortized

Refers to the process of paying off debt over time in regular installments of interest and principal sufficient to repay the loan in full by its maturity date.

Principal

The original amount of money loaned or invested, separate from the interest or earnings it accrues over time.