A(n) ____ Means That That Certain Business Agreements or Activities

question 18

Multiple Choice

A(n) ____ means that that certain business agreements or activities will automatically be held to be illegal if found to exist.

• A) rule of reason
• B) firm rule
• C) terminal rule
• D) antitrust rule
• E) none of the other choices are correct

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Definitions:

Inherent Powers

Powers that are not explicitly stated in the Constitution but are assumed to exist due to the very existence of the national government, allowing it to function effectively.

Executive Orders

Directives issued by the President of the United States that manage operations of the federal government.

Legal Authority

The legal power or right granted to individuals or bodies to make decisions, carry out actions, or enforce laws within a specified framework or jurisdiction.

Constitution

The fundamental and supreme laws that establish the framework of a government and its political principles, often including the rights of its citizens.