Which of the Following Is an Example of a Natural

question 280

Multiple Choice

Which of the following is an example of a natural monopoly?

• A) the Pittsburgh Penguins hockey team, a National Hockey League team
• B) Ford Motors, the large automobile producing company
• C) Florida Power and Light, an electric utility in Florida
• D) Sony, the Japanese producer of the Playstation III
• E) JCPenney, the large department store chain

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Definitions:

Legal Consent

Agreement given based on a clear understanding of the facts and implications, recognized as valid by law.

Threat

An expression of an intention to inflict pain, injury, damage, or other hostile action on someone in retribution for something done or not done.

Fraud

A wrongful or criminal deception intended to result in financial or personal gain.

Misrepresentation

The action or offense of giving a false or misleading statement about a material fact, often with the intent to deceive.