Which Statement Is NOT a Component of the Robinson-Patman Act

question 26

Multiple Choice

Which statement is NOT a component of the Robinson-Patman Act?

• A) Discriminatory prices for goods are prohibited if they reduce competition at any point in the channel.
• B) Price discrimination can be legal if it results from real cost differences in serving different customers.
• C) Brokerage allowances are allowable unless they are earned by an independent broker.
• D) Buyers are prohibited from knowingly inducing price or promotional discrimination.
• E) Discriminatory prices can be given in good faith to meet competition.

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Definitions:

Wrongful Acts

Actions or behaviors that are illegal or morally incorrect, often leading to legal consequences or liability.

Limited Partnership

A business structure where at least one partner is liable only up to the amount of their investment, while at least one other has unlimited liability.

Certificate of Limited Partnership

An official document that registers a partnership wherein certain members have limited liability with respect to the partnership's debts and obligations.

Tax Accounting

The method or process of preparing tax returns and tax payments, and the planning of financial transactions to minimize tax liabilities.