The Federal Trade Commission's Bureau of Competition _____

a. promotes restraint of trade among business firms

b. encourages monopolization and agreements between competitors

c. promotes anti-competitive strategies

d. seeks out and challenges anti-competitive conduct in the marketplace


ANSWER: d

The Federal Trade Commission's Bureau of Competition seeks out and challenges anti-competitive conduct in the marketplace.

Business

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Indicate whether the statement is true or false

Business

Retained earnings represents past net incomes less past dividends, therefore any balance in this account would be listed on the income statement

Indicate whether the statement is true or false

Business

The Big Four accounting firms spend about what percentage of their revenue on litigation, including settlements and insurance?

a. Less than five percent b. Between 10 and 20 percent c. Between 25 and 35 percent d. Over 50 percent

Business

When the possibility exists that the government of a nation may impose some form of exchange controls or tax on foreign investment, the risk is known as ________ risk

A) political B) exchange controls C) business risk D) government

Business