The Celler-Kefauver Act of 1950

question 233

Multiple Choice

The Celler-Kefauver Act of 1950

• A) modified patent legislation by reducing the number of years over which a patent is applicable.
• B) prohibited any firm from acquiring the real assets of another firm where the effect was to lessen competition.
• C) declared all conglomerate mergers to be illegal.
• D) prohibited any firm from buying the stock of another firm where the effect was to lessen competition.

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Definitions:

Team Sports

Sports that involve players working together towards a common objective, typically involving competitive play against another team.

Organized Sports

structured physical activities, usually competitive, that are governed by a set of rules and organized by leagues, clubs, or associations.

Middle Childhood

A developmental stage that encompasses the period from around 6 to 12 years of age, when children are typically in elementary school.

Adolescence

The transitional developmental phase between childhood and adulthood, characterized by significant physical, psychological, and social changes.