The Celler-Kefauver Act of 1950

question 100

Multiple Choice

The Celler-Kefauver Act of 1950

• A) established the FTC.
• B) closed down a loophole in the Clayton Act by outlawing mergers through the purchase of another firm's physical assets.
• C) closed down a loophole in the Sherman Act by outlawing mergers through the purchase of another firm's physical assets.
• D) banned tying contracts.

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Definitions:

Entrepreneurial Intentions

Refers to the determination and motivation an individual has toward starting a new business or venture.

Perceived Opportunities

Opportunities that individuals or organizations believe exist within the market or environment, based on their perception and interpretation of available information.

Perceived Capabilities

An individual's belief or perception about their ability to perform a certain task or achieve a goal.

Prototyping

The process of creating an early model of a product to test and refine its features before final production.