For Violation of the Sherman Act, the Maximum Fine That

question 32

Multiple Choice

For violation of the Sherman Act, the maximum fine that may be imposed on a natural person is:

• A) $1 million.
• B) $500,000.
• C) $0.
• D) $100 million.

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Definitions:

Liability

The state of being legally responsible for something, typically involving debt or legal obligations.

Landlord

An individual or entity that owns a property and rents it out to tenants in exchange for a periodic payment.

Exculpatory Clause

A clause that releases a contractual party from liability in the event of monetary or physical injury, no matter who is at fault.

Covenant Not to Compete

A legal agreement where one party agrees not to enter into or start a similar profession or trade in competition against another party.