Which of the Following Is Least Likely to Be Price

question 14

Multiple Choice

Which of the following is least likely to be price fixing in breach of CCA Part IV?

• A)Competing businesses agreeing to set the same discounts.
• B)Competing businesses agreeing to increase their prices.
• C)Competing businesses agreeing to use a particular formula to set prices.
• D)Competing businesses agreeing to share information about their customers.

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Definitions:

Totalitarianism

The term that describes aggressive, ideologically driven states that seek to subdue all of civil society to their control, thus leaving no room for individual rights or alternative values.

Individual Rights

Describes the rights and freedoms that are guaranteed to each person, typically protected by law, from unwarranted government interference.

Soviet Union

A socialist state that existed from 1922 to 1991 in Eurasia, officially known as the Union of Soviet Socialist Republics (USSR), which was a federal union of multiple national republics.

Social and Economic Rights

Rights that aim to guarantee individuals access to basic social and economic necessities, including healthcare, education, and adequate living standards.