Which of the Following Is a Difference Between Vertical Restraints

question 3

Multiple Choice

Which of the following is a difference between vertical restraints and horizontal restraints?

• A)Vertical restraints,in general,are based on tacit understanding while horizontal restraints,in general,are based on mutual observation.
• B)Vertical restraints eliminate competition,while horizontal restraints promote competition.
• C)Vertical restraints are those arising from an agreement among competitors themselves,while horizontal restraints ordinarily are those imposed by suppliers on their buyers.
• D)Vertical restraints,in general,are resolved under the rule of reason while horizontal restraints,in general,are per se unlawful.

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Definitions:

Self-Determination Theory

The theory that people need to feel at least some degree of autonomy and internal motivation.

Error Management Theory

A theory suggesting that when making decisions under uncertainty, people are biased toward making the less costly error.

Action Identification Theory

A theory suggesting that how individuals identify and think about their actions affects how they perform and experience those actions.

Temporal Discounting

The bias towards valuing rewards received right away more than those in the future.