In Enacting Section 2 of the Clayton Act,Congress Was Concerned

question 70

Multiple Choice

In enacting Section 2 of the Clayton Act,Congress was concerned with sellers who sought to harm or eliminate their competitors through:

• A)mergers.
• B)price discrimination.
• C)tying arrangements.
• D)None of the above.

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Definitions:

Drawee

The party upon whom a cheque, draft, or other negotiable instrument is drawn and who is responsible for its payment.

Maker

In financial terms, the party that promises to pay a certain amount of money in a promissory note or check.

Signature Liability

The legal responsibility that comes from the act of signing a document, indicating agreement or consent to its terms and conditions.

Liable

Responsible by law; legally answerable for one's actions or inactions.