Which of the Following Is True About Restraints of Trade

question 8

Multiple Choice

Which of the following is true about restraints of trade?

• A) Under the per se rules,all restraints of trade are illegal.
• B) Under the rule of reason,all restraints of trade are illegal.
• C) Some acts are illegal per se,but other actions must be judged by the rule of reason.
• D) Price-fixing is always judged by the rule of reason.
• E) Tying agreements are always illegal per se.

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Definitions:

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job functions, creating a structured chain of command.

Company's Product

Goods or services offered by a company to its customers, representing the output of the company's business activities.

Weight-to-Volume Ratio

A measurement indicating how much weight occupies a certain volume, important in fields like shipping and material science.

Value-to-Weight Ratio

A measure that compares the value of a product to its weight, often used in shipping and trade to determine the cost-effectiveness of transporting goods.