In Freeman V

question 128

Multiple Choice

In Freeman v.San Diego Assn.of Realtors,most of the real estate Multiple Listing Services joined together to provide their service to real estate agents.The association charged all realtors the same price.When challenged as price fixing,the appeals court held that this:

• A)was illegal price fixing under a rule of reason analysis
• B)did not violate the antitrust laws because the control was on maximum prices,not minimum prices
• C)did not violate the antitrust laws because the quality of service rose and the price fell
• D)did not violate the antitrust laws because most consumers of the service preferred the new arrangement,so there was a net improvement
• E)none of the other choices

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Definitions:

Stream Channel

A stream channel is the physical confinement of a river or stream, composed of a bed and banks, which directs the flow of water.

Theory of Reasoned Action

A theory that predicts individuals' behavioral intentions and actions based on their attitudes toward the behavior and subjective norms.

Theory of Planned Behavior

A psychological theory that links beliefs and behavior, stating that individual behavior is driven by behavioral intentions where attitudes, subjective norms, and perceived control play significant roles.

Perceptions of Control

An individual's belief in their capability to influence events or outcomes in their lives, which can significantly impact their psychological well-being and behavior.