Which of the Following Methods Can Be Used to Sustain

question 71

Multiple Choice

Which of the following methods can be used to sustain a cartel?

• A)removing barriers to entry
• B)trade groups
• C)acts of self- interest
• D)the use of binding contracts

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Definitions:

Debt Collection Agencies

Companies specialized in recovering unpaid debts on behalf of creditors.

Legislative Enactments

Laws and statutes passed by a legislative body.

Cheque

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.

Honour

A quality that combines respect, being esteemed, and a sense of ethical conduct.