The 1889 Law Intended to Prevent the Establishment of More

question 26

Multiple Choice

The 1889 law intended to prevent the establishment of more monopolies and to break up existing ones in Canada was:

• A) the Sherman Antitrust Act.
• B) Canada's first competition law.
• C) the British North America Act.
• D) the Federal Trade Commission.

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Definitions:

Additional Consideration

Extra benefits or compensation provided to one party in a contract to modify or amend the original terms.

Consideration

In contract law, consideration is the benefit or value that parties agree to exchange, which is necessary for a contract to be legally binding.

Enforceable Transactions

Legal agreements or contracts that can be upheld and compelled by law.

Graduate Fellowship

A form of financial support provided to graduate students to pursue their research or studies without the need for employment.