A Restraint of Trade in Which Two or More Competitors

question 1

Multiple Choice

A restraint of trade in which two or more competitors at one level of distribution agree not to deal with others at another level of distribution is known as ________.

• A) group boycott
• B) resale price maintenance
• C) price fixing
• D) market sharing

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Definitions:

Stock Warrants

Financial instruments that give the holder the right to purchase a company's stock at a specified price before the warrant expires.

Exercise Date

The specific date on which an option contract can be executed or acted upon by the holder.

Fixed Compensatory

Relates to a form of compensation or damages that are predetermined and not subject to change.