By Contract,Quality Metals Corporation Forbids Resource Refining,Inc

question 33

Multiple Choice

By contract,Quality Metals Corporation forbids Resource Refining,Inc.,a wholesale buyer of Quality's products,from purchasing the products of Quality's competitors.This exclusive-dealing contract is allowed

• A)under any circumstances.
• B)unless its effect is to cause a competitor a loss of any business.
• C)unless its effect is to substantially lessen competition.
• D)unless there is no effect on a competitor.

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Definitions:

Yield To Maturity

An estimate of the annualized return an investor will receive from a bond, assuming it is held until its maturity date, inclusive of all payments.

Par Value

Par value is the face value of a bond or stock as stated by the issuing company, which may differ from its market value; for stocks, it is often a nominal amount.

Coupon

The interest rate stated on a bond when issued, which is paid by the issuer to the bondholder at specified intervals until maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, considering both interest payments and capital gains.