Which of the Following Was Rendered Invalid by the Federal

question 4

Multiple Choice

Which of the following was rendered invalid by the federal Consumer Goods Pricing Act of 1975?

• A)The Robinson-Patman Act (1936)
• B)State unfair-trade laws
• C)State fair-trade laws
• D)The Clayton Act (1914)

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Definitions:

Sales Discounts

Reductions in the price of goods or services offered to customers, typically in exchange for early payment.

Expense Accounts

Accounts used to track the costs incurred in a business's operational activities, not directly tied to the production of goods or services.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding costs directly associated with the production of goods or services.

Merchandising

Merchandising involves purchasing, displaying, and selling products to consumers, with strategies that aim to boost sales and profitability.