Phillip Esten Operates a Mail Store in Which He Offers

question 74

Multiple Choice

Phillip Esten operates a mail store in which he offers various services such as packaging items for shipment, delivering items to overnight services, and a fax machine. Esten charges $4.00 for deliveries for one-time customers and $2.00 for deliveries for his account customers. Esten's prices:

• A)are a violation of the Robinson-Patman Act.
• B)are not covered under the Robinson-Patman Act.
• C)constitute price discrimination.
• D)None of the above

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Definitions:

Morals

Principles or habits with respect to right or wrong conduct, forming the basis of ethical behavior.

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Federal Sentencing Guidelines

A set of rules designed to standardize sentencing policies in United States federal courts for convicted criminals to ensure consistency and fairness in punishment.

Business Ethics

The study of appropriate business policies and practices regarding potentially controversial issues such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.