The Three Most Common Defenses Available to Suppliers Charged with Price

question 14

Multiple Choice

The three most common defenses available to suppliers charged with price discrimination are:

• A) changing market conditions, meeting competition, and good faith actions.
• B) ignorance of law, unprofitability of the supplier, and cost justification.
• C) cost justification, changing market conditions, and meeting competition.
• D) unprofitability of supplier, cost justification, and meeting competition.
• E) changing market conditions, meeting competition, and ignorance of law.

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Definitions:

NFL

The National Football League, a professional American football league consisting of 32 teams, divided equally between the National Football Conference (NFC) and the American Football Conference (AFC).

Referees

Officials in sports contests responsible for enforcing the rules of the game, ensuring fair play, and in some contexts, mediating disputes between parties.

Interest Disputes

Disagreements in labor relations concerning the terms and conditions of employment or contracts, including pay, benefits, and working conditions.

Employment

The condition of having paid work, or the relationship between an employer and an employee where the employee provides labor in exchange for compensation.