Examlex
Which of the follow would tend to reduce the bargaining power of buyers?
a. Large number of buyers.
b. Products of the industry do not produce clear cost advantages or enhance the quality of life for buyers.
c. Purchase standard, undifferentiated commodity products from suppliers.
d. Willingness and ability of buyers to integrate backward.
e. All of the above.
Individual Rights
Rights that are guaranteed to individuals, typically protecting them from government infringement.
Necessary and Proper Clause
A provision in the U.S. Constitution granting Congress the power to pass all laws deemed necessary and proper for carrying out its duties.
Congress Powers
The legislative powers granted to the U.S. Congress by the Constitution, including taxing, spending, and regulating interstate commerce.
Rational Basis Test
A standard of judicial review that requires a law to be rationally related to a legitimate government interest.
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