Reduction of Competition Can Be Accomplished Through All of the Following

question 89

Multiple Choice

Reduction of competition can be accomplished through all of the following EXCEPT:

• A) predatory alliances.
• B) explicit collusion.
• C) tacit collusion.
• D) mutual forbearance.

---

Definitions:

Sole Proprietorship

An unincorporated business firm owned by one person.

Liability

Liability refers to legal financial debts or obligations that arise during the course of business operations, which an entity is responsible for settling.

Capital

Wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.

Investment

Assigning monetary resources with the goal of achieving income or gains.