Situations Where Whether or Not a Particular Business Practice Is

question 68

Multiple Choice

Situations where whether or not a particular business practice is illegal depends on the circumstances surrounding the action are said to be subject to:

• A) the rule of reason.
• B) an unfair constraint.
• C) monopolistic behavior.
• D) oligopolistic behavior.

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Definitions:

Intrinsic Reason

Motivation driven by an interest or enjoyment in the task itself, rather than external pressure or a desire for reward.

Morally Obligated

A sense of duty or requirement to act in a manner consistent with what is considered right or ethical.

Fantasy Stage

A developmental phase in childhood theorized by psychoanalytic theory during which a child engages in imaginative play and scenarios without consideration for reality.

Donald Super

A developmental psychologist known for his theories on the stages of occupational development and the concept of career maturity.