An Organization Decides to Meet with Its Competitor in Order

question 103

Multiple Choice

An organization decides to meet with its competitor in order to agree to fix prices in a certain market. This is an example of ________.

• A) forming a strategic alliance
• B) a cartel
• C) a third-party linkage mechanism
• D) an illegal collusion agreement

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Definitions:

Enantiomers

Molecules that are mirror images of each other but cannot be superimposed on each other, much like left and right hands.

Diastereomers

Stereoisomers that are not mirror images of each other and have different physical and chemical properties.

Cahn-Ingold-Prelog

A set of rules used for the nomenclature of stereoisomers, aiding in the description of the spatial arrangement of atoms within molecules.

Asymmetric Carbons

Carbon atoms bonded to four different groups, resulting in chirality or the existence of nonsuperimposable mirror images.