Which Act Prevents Large Retailers from Using Their Bargaining Power

question 32

Multiple Choice

Which act prevents large retailers from using their bargaining power to receive price concessions not warranted by their sizable orders?

• A)Miller-Tydings Act
• B)Cellar-Kefauver Act
• C)Federal Trade Commission Act
• D)Robinson-Patman Act

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Definitions:

Prices Received

The amounts of money received by producers or sellers for their goods or services in the market.

Nicotine

A toxic colorless or yellowish oily liquid that is the chief active constituent of tobacco, acting as a stimulant when consumed.

Respiratory Tract

The passageway that makes up the breathing system, including the nose, throat, and lungs, responsible for air passage.