Agreements That Are Deemed Per Se Violations of Section 1

question 44

Multiple Choice

Agreements that are deemed per se violations of Section 1 of the Sherman Act include all of the following except​

• A) ​a price-fixing agreement.
• B) ​a group boycott.
• C) ​a trade association.
• D) ​a market division.

Gain knowledge on how undue influence and duress affect the legitimacy of consensual agreements.

Grasp the role and importance of consideration in the validation of contracts and contract modifications.

Recognize the significance of distinguishing between factual and value mistakes in contract law across different jurisdictions.

Understand the procedural and substantive requirements for contract rescission based on various grounds such as fraud, duress, and mistake.

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Definitions:

Issued

Pertains to securities or other financial instruments that have been officially offered to the public for subscription or sale.

Bond Issue

The process by which a corporation or government raises funds by selling bonds to investors.

Effective Interest Method

A technique used in accounting to allocate the interest expense or income of a bond over its lifetime based on the bond's carrying amount at each interest period.