CFA's

question 21

Multiple Choice

CFA's

• A) must live and work in the U.S.A.
• B) can achieve this designation in one calendar year.
• C) must pass three six-hour exams.
• D) must take 60 hours of seminars per year to maintain their license.

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Definitions:

Sherman Act

A foundational antitrust law in the United States that prohibits monopolies and other activities that restrict competition in the marketplace.

Vertical Restrictions

Constraints imposed in a supply chain that limit the way products or services can be sold or distributed, often to preserve competition.

Rule-Of-Reason

The Rule-Of-Reason is a legal doctrine used in antitrust law to determine if a business practice is anticompetitive, taking into account all circumstances and its actual impact on competition.

Sherman Act

A foundational antitrust law in the United States aimed at preventing monopolies and promoting competition among businesses.