Lightspeed Corporation Makes Computers,each of Which Is Packaged with a Shrink-Wrap

question 22

Multiple Choice

Lightspeed Corporation makes computers,each of which is packaged with a shrink-wrap agreement.Milo buys a Lightspeed desktop.The terms of the shrink-wrap agreement are most likely enforceable if

• A)Milo buys the computer directly from Lightspeed.
• B)Milo uses the computer after reading the terms.
• C)Milo pays for the computer before reading the terms.
• D)the terms concern warranties.

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Definitions:

Sherman Antitrust Act

A landmark federal statute passed in the United States in 1890 that prohibits monopolistic business practices and supports competitive markets.

Rule of Reason

A legal doctrine used in antitrust law that considers the context and circumstances of a business practice to determine its legality.

Clayton Act

An amendment to United States antitrust law, aiming to prevent specific practices of anticompetitive behavior not covered by the Sherman Act.

Price Discrimination

A pricing approach in which the same provider sells identical or nearly identical products or services for different prices across various markets.