Relativists

question 23

Multiple Choice

Relativists

• A) believe that there is no such thing as objective knowledge and view beliefs, theories, and values as inherently relative, contingent, and contextual
• B) believe that knowledge is objective, certain, and absolute.
• C) accept the pluralism of relativism without drawing the relativist conclusion that "anything goes."

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Definitions:

Resale Price Maintenance

A practice where manufacturers or suppliers dictate the minimum price at which retailers can sell their products, often scrutinized under competition laws.

Refusal to Supply

An act whereby a business decides not to sell or provide goods or services to another business or individual.

Competition Act

Legislation aimed at promoting fair competition in the market by regulating anti-competitive practices.

Bait-and-Switch

A deceptive marketing practice where customers are lured by an advertised deal that is too good to refuse and then are pressured into purchasing a more expensive item or service.