Which of the Following Made Monopoly and Restraints of Trade

question 231

Multiple Choice

Which of the following made monopoly and restraints of trade criminal offenses against the federal government?

• A)Celler-Kefauver Act of 1950
• B)Wheeler-Lea Act of 1938
• C)Clayton Act of 1914
• D)Sherman Act of 1890

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Definitions:

Advertising

The process or career involved in creating promotional material for goods or services.

Time Clocks

Devices used by employers to record the number of hours worked by employees, ensuring accurate tracking of time for payroll purposes.

Incentive Conflict

A situation where parties have different, competing goals. In agency relationships, the different goals of principals and agents is an example of incentive conflict.

Agent

A person who acts on behalf of another individual (a principal). Principal–agent problems are created by the incentive conflict between principals and agents.