The Robinson-Patman Act of 1936

question 8

Multiple Choice

The Robinson-Patman Act of 1936

• A)made interlocking directorates illegal.
• B)set up the Federal Trade Commission (FTC) to deal with "unfair methods of competition."
• C)made monopolization of trade a misdemeanor.
• D)prohibited suppliers from offering special discounts to large chain stores without offering them to everyone else.
• E)empowered the FTC to deal with false and deceptive acts or practices.

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Definitions:

Longitudinal Research Method

A research design that involves repeated observations of the same variables over short or long periods of time.

Evolutionary Psychology

The branch of psychology that deals with the ways in which humans’ historical adaptations to the environment influence behavior and mental processes, with special focus on aggressive behavior and mating strategies.

Human Development

The process of physical, cognitive, emotional, and social growth and change that occurs throughout a person's life.

Insider Trading Violation

The illegal trading of a company's securities by individuals with access to confidential or non-public information about the company.