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The Tendency for Groups to Take Larger Risks in Decision

question 67

Multiple Choice

The tendency for groups to take larger risks in decision making than the same individuals would take when acting alone is known as:


Definitions:

Qualitative Substantiality Test

A legal standard used to assess the significance or importance of qualitative factors in various contexts, such as copyright law.

Tampa Electric Co. v. Nashville Coal Co.

A landmark legal case that established principles regarding antitrust laws and competitive harm within the context of exclusive dealing contracts.

Clayton Act Section 3

Part of U.S. antitrust law that prohibits exclusive dealings and tying arrangements where they may substantially lessen competition or tend to create a monopoly.

Tying Agreement

A commercial arrangement whereby the seller conditions the sale of one product on the buyer's agreement to purchase another, separate product.

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