Which U.S. Legislative Action Specifically Prohibits Monopolies

question 69

Multiple Choice

Which U.S. legislative action specifically prohibits monopolies?

• A)Sherman Antitrust Act
• B)Federal Trade Act
• C)Robison-Patman Act
• D)Financial Reform Law
• E)Consumer Product Act

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Definitions:

Bondholders

Investors or entities that own bonds issued by corporations or governments, holding a right to receive fixed interest payments.

Customers

Individuals or entities that purchase goods or services from a business.

Preemptive Rights

Rights that allow existing shareholders to buy additional shares before new shares are offered to the public, thus maintaining their percentage of ownership.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money or property.