Which of the Following Is Correct with Regard to the Competition

question 54

Multiple Choice

Which of the following is correct with regard to the Competition Act?

• A) A company can cut prices in one region of Canada while selling at a higher price everywhere else even if this substantially lessens competition.
• B) Businesses are generally satisfied that the Competition Bureau moves fairly quickly in approving or denying merger plans.
• C) Pyramid selling is permitted as long as participant know they are involved in a pyramid selling scheme and they know they are not allowed to make windfall profits from the scheme.
• D) The mere existence of a conspiracy is assumed to be proof that competition has been reduced.
• E) All of these are correct.

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Definitions:

Plant

Living organisms belonging to the kingdom Plantae that typically grow in a permanent site, absorb water and inorganic substances through their roots, and synthesize nutrients in their leaves by photosynthesis using light energy.

Hydrogenated

Refers to the chemical addition of hydrogen across double or triple bonds in an organic compound, usually to convert unsaturated compounds into saturated ones.

Organic Product

An organic product refers to a chemical compound originating from living organisms or resembling such substances, often used in the context of natural or synthesized organic compounds.

Organic Product

Any chemical compound that results from the synthesis or reaction involving organic compounds, typically containing carbon-hydrogen bonds.