Which Statement Is True

question 144

Multiple Choice

Which statement is true?

• A)One basis for monopoly is control over an essential resource.
• B)All forms of a monopoly are illegal in the United States.
• C)Economies of being established is the same as economies of scale.
• D)General Motors is a monopoly.

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Case Brief

A summarized, concise synopsis of a legal case outlining the main points, legal arguments, and court's decision.

Opinion Letter

A letter from an attorney to a client containing legal opinion on an issue raised by the client’s question or legal claim. The opinion is based on a detailed analysis of the law.

Legal Analysis

The process of dissecting a legal problem to understand its components, apply the relevant laws, and determine the most viable solutions.

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A legally binding contract that resolves a dispute between parties without the need for a trial or further litigation.