The Indiana Federation of Dentists Required Its Members Not to Provide

question 209

Multiple Choice

The Indiana Federation of Dentists required its members not to provide insurance companies with patient x-rays. The FTC sued the Federation, claiming that it violated the antitrust laws. The Supreme Court held that dentists:

• A) were free to decide whether to give records to the insurance companies or not
• B) did not have to give their records to the insurance companies, and the FTC could not sue
• C) could not ban together to conspire in restraint of trade against the insurance companies
• D) had an ethical duty to protect patients' records, so the Federation's position was upheld
• E) none of the other choices

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Definitions:

Cash Withdrawal

The act of taking money out of a bank account, which decreases the account balance.

Accounts Receivable

Unsettled dues from customers to a business for goods or services that have already been delivered or used.

Fees Earned

Revenue generated from providing services to clients or customers.

Unadjusted Trial Balance

A list of all ledger accounts and their balances at a certain time before any adjustments are made for year-end closing.