Which Statement Is Correct Concerning Penalties Under the Sherman Act

question 94

Multiple Choice

Which statement is correct concerning penalties under the Sherman Act?

• A)Corporations can be fined up to $10 million.
• B)Corporations can be fined up to $100 million.
• C)Individuals can be fined up to $10 million.
• D)Individuals intentionally violating the Act can be fined up to $100 million.

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Definitions:

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.

Independent Contractor

One who contracts to do a job and who retains complete control over the methods employed to obtain completion.