Members from Each House Form a _____________________ and Meet to Work

question 20

Multiple Choice

Members from each house form a _____________________ and meet to work out the differences. This is usually made up of senior members who are appointed by the presiding officers of the committee that originally dealt with the bill.

• A) Senate
• B) Legislation
• C) House
• D) Conference committee
• E) None of the above

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Definitions:

Price Fixing

A conspiracy among firms to set prices for a product.

Ethical

Pertains to the principles of right and wrong that guide an individual in making decisions that affect others. In business, it often refers to practices that are morally right, fair, and honest.

Time Share

A property ownership model where multiple individuals have rights to use the property, each at different times of the year.

Caveat Emptor

A principle in commerce that places the onus on buyers to perform due diligence before making a purchase.