Which of the Following Would Be Most Likely to Have

question 347

Multiple Choice

Which of the following would be most likely to have monopoly power?

• A)a long-distance telephone service provider
• B)a local cable TV provider
• C)a large department store
• D)a gas station

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Definitions:

Lower Court

A court of law that has limited jurisdiction or authority and is below a higher court in the judicial hierarchy.

Judgment

A formal decision or finding made by a court of law at the conclusion of a lawsuit.

Closing Argument

The final summary or recapitulation presented by the attorneys to the jury or judge in a legal proceeding.

Attorney

A professional who is qualified to advise clients on legal matters and represent them in court and other legal proceedings.