If a Person Can Prove That She Was Damaged by an Illegal

question 205

Multiple Choice

If a person can prove that she was damaged by an illegal arrangement to restrain trade, that person can sue and recover

• A)the damages she sustained, as provided for in the Sherman Act.
• B)the damages she sustained, as provided for in the Clayton Act.
• C)three times the damages she sustained, as provided for in the Sherman Act.
• D)three times the damages she sustained, as provided for in the Clayton Act.

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Definitions:

Continuous Compounding

A mathematical approach where interest earnings are immediately reinvested to generate additional earnings continuously.

Stated Rate

The annual interest rate stated on a financial instrument, such as a loan or bond, not adjusting for compounding or fees.

Interest-Only Loan

A loan where the borrower is required to pay only the interest on the principal balance for a set period of time.

Annual Interest

Interest calculated over a 12-month period on the outstanding balance of a loan or deposit, usually compounded annually.