The Clayton Act of 1914

question 98

Multiple Choice

The Clayton Act of 1914

• A)made interlocking directorates illegal.
• B)set up the Federal Trade Commission (FTC) to deal with "unfair methods of competition."
• C)made monopolization of trade a misdemeanor.
• D)prohibited suppliers from offering special discounts to large chain stores without offering them to everyone else.
• E)empowered the FTC to deal with false and deceptive acts or practices.

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Definitions:

Situationism

Situationism is the theory that behavior is more strongly influenced by external, situational factors than by internal traits or motivations, emphasizing the power of context in shaping human actions.

Personality Coefficient

A statistical measure that quantifies the relationship between personality traits and various outcomes or behaviors.

Relative Consistency

The concept that an individual's behavior is more consistent within similar situations than across different situations.

Person-Situation Controversy

The debate in psychology over the influence of personality traits versus situational factors in determining behavior.