Which Law Forbids Owners from Monopolizing Classes of Resources and Sets

question 8

Multiple Choice

Which law forbids owners from monopolizing classes of resources and sets rules for how businesses can compete to acquire ownership in new resources?

• A) Regulatory
• B) Tort
• C) Antitrust
• D) Antidiscrimination
• E) Contract

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Definitions:

Full Warranty

A comprehensive warranty that covers repair or replacement of any defect in a product during the warranty period.

Implied Warranty

A legal assumption that a product will perform as expected without explicit statements by the seller regarding its quality or performance.

Warranty Of Merchantability

A legal guarantee that a product sold by a merchant fits its ordinary purposes and meets the buyer’s expectations.

Breach

The violation or non-fulfillment of a legal obligation, agreement, or law.