The 1923 Canadian Combines Investigation Act Was Intended to Prevent

question 8

Multiple Choice

The 1923 Canadian Combines Investigation Act was intended to prevent the emergence of which of the following?

• A) labour market shelters
• B) interlocking directorates
• C) oligopolies
• D) corporate mergers

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Definitions:

Induce

To lead or move by persuasion or influence, often to do something.

Rescission

The act of canceling or invalidating a contract, returning all parties to their state prior to the contract.

Award

A formal acknowledgment, often involving a monetary gift, given in recognition of an achievement or as a decision in arbitration and legal matters.

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, causing another to enter into a contract.