Which of the Following Is False Regarding Enforcement of the Sherman

question 86

Multiple Choice

Which of the following is false regarding enforcement of the Sherman Act?

• A)The limit on fines for a corporation found in violation of the Sherman Act is $10,000,000.
• B)The limit on fines for a person found in violation of the Sherman Act is $350,000.
• C)Every person who makes any contract in violation of the Sherman Act is guilty of a felony.
• D)The Sherman Act only applies to business practices that restrain trade or commerce only within the United States.
• E)The courts have determined the Sherman Act to prohibit efforts by competitors to fix prices,restrict output,and exclude rival companies.

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Definitions:

Context

The circumstances, background, or environment in which an event occurs or a concept exists, crucial for understanding its significance and implications.

Basic Biological Need

Fundamental requirements essential for the survival and physical well-being of a living organism, such as food, water, and shelter.

Innately Social

A term describing organisms, especially humans, that are predisposed to live in communities and form social bonds.

Maladaptive

Behaviors or traits that are counterproductive to an individual's wellbeing or survival in their specific environment.