Laws Are Passed to Define and Prevent Unfair Competition Primarily

question 112

Multiple Choice

Laws are passed to define and prevent unfair competition primarily because ________.

• A) business executives tend to favor pure monopolies
• B) businesses sometimes try to neutralize threatening firms
• C) governments in free market economies tend to nationalize ailing firms
• D) private lobbying hurts the interests of national and state governments
• E) most multinational entities in advanced economies are averse to invest in emerging markets

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Definitions:

ICU

Intensive Care Unit; a specialized department in hospitals that provides comprehensive and constant care for patients with life-threatening conditions.

Implementation

The process of putting a decision or plan into effect; execution.

Bowel Resection

A surgical procedure to remove a part of the intestine due to diseases or blockages.

Colostomy Appliance

A device used by individuals who have undergone a colostomy, allowing for the collection of waste from a surgically created opening in the abdomen.