What Does the Government Encourage in Order to Protect the Consumer's

question 88

Multiple Choice

What does the government encourage in order to protect the consumer's right to choose?

• A) Competition
• B) Monopolies
• C) Trust laws
• D) Divestitures
• E) Cooperation

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Definitions:

Corporation Law

Legal principles that govern the formation, operation, and dissolution of corporations.

Person

An individual human being, but in legal contexts, can also refer to entities recognized by law, such as corporations.

General Incorporation Law

A set of statutes established by a state that provides guidelines and regulations for the formation, operation, and dissolution of corporations.

For-Profit Corporation

A type of organization that is intended to operate with the goal of making a profit for its shareholders.