BUS 115 Chapter 12 Antitrust Law

BUS 115 Chapter 12 Antitrust Law

University

19 Qs

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BUS 115 Chapter 12 Antitrust Law

BUS 115 Chapter 12 Antitrust Law

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Bobbi Stevens

Used 7+ times

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19 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Antitrust Law is called this in England: ___________ Law

Anti-monopoly Law
Competition Law
Antitrust Law
Restraint of Trade Law

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

There are no monopolies in the US

True
False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What was the first antitrust law enacted?

Tne Antitrust Act
The Sherman Act
The Federal Trade Commission Act
The Clayton Act

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following acts was not one of the "big three" which helped create antitrust law?

Sherman Antitrust Act
Clayton Antitrust Act
Interstate Commerce Act
Federal Trade Commission Act

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is not prohibited by the Sherman Act?

Temporary restraints
Naked restraints
Ancillary restraints
Temporary limited restraints

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the name of a state run by an oligarchy of business cartels?

Plutocracy
Particracy
Kritarchy
Stratocracy

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which act declares price fixing a criminal act under federal jurisdiction?

Clayton Antitrust Act
Sherman Antitrust Act
Federal Trade Commission Act
Price Fixing is no longer a crime

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