A Refusal to Deal

question 8

Multiple Choice

A refusal to deal

• A)is a right to decide with whom to do or not to do business and cannot be legally limited.
• B)is a rule of reason violation of the Sherman Act and is illegal if it harms competition.
• C)is an agreement in which a buyer refuses to purchase goods from a supplier unless the supplier also purchases items from the buyer.
• D)occurs when a manager refuses to recognize that price-fixing is a problem.

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Definitions:

Punishment

A process by which a consequence immediately follows a behavior, decreasing the likelihood that the behavior will be repeated.

Behaviour

Behaviour encompasses the actions and reactions of an organism, usually in relation to its environment, which can be observable or internal.

Negative Reinforcer

An unpleasant stimulus that, when removed following a behavior, increases the likelihood of that behavior being repeated.

Probability

The extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of possible cases.