Congress Broadly Forbids "Unfair Methods of Competition

question 33

Multiple Choice

Congress broadly forbids "unfair methods of competition ...and unfair or deceptive acts in commerce," leaving the administrative agency and the courts to refine those vague terms ______.and ______.

• A) fair; critical
• B) peaceful; adjudicated
• C) unfair; deceptive
• D) fair; encouraging

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Definitions:

Construction Supplies

Materials and goods used in the building and construction industry.

Costs of Debt

The effective rate that a company pays on its total debt, including interests and fees.

Costs of Equity

The return that investors require for investing in a company's equity, reflecting the risk associated with owning the equity of the company.