Merger Guidelines Were Created by the Department of Justice and the FTC

question 2

Multiple Choice

Merger guidelines were created by the Department of Justice and the FTC to:

• A) help businesses evade antitrust laws
• B) help the courts determine what an unfair business practice is
• C) help the courts decided what penalties to impose for unfair business practices
• D) help the courts break up monopolies evenly
• E) none of the other choices are correct

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Definitions:

Ethical

Pertaining to or dealing with morals, principles of morality, or the rules of conduct that govern the behavior of individuals and organizations.

Unethical

Actions or behaviors that do not meet the accepted standards of moral conduct.

Business Practice

Standard methods or processes used in the running of a company or in conducting commercial activities.

Ethical Conceptions

Theories or ideas pertaining to ethics, dealing with questions of morality and the principles of right and wrong.