Which of the following observations concerning price fixing is true?
A. It is considered "conspiracy" under the Sherman Act.
B. It is permitted in the United States, under certain circumstances.
C. Price fixing laws across the globe are similar in nature.
D. In the U.S, individual managers are not held responsible for price fixing.
E. It is highly uncommon and relatively difficult to achieve.
Answer: A
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Which of the following statements about the development of the human race is accurate?
a. Kinship-based groups ended and larger human societies appeared around 3,000 BC. b. Remains of Neanderthals demonstrated that humans had little contact with other thinking species. c. Humans migrated out of Africa around 200,000 years ago. d. Some social cooperation became essential to survival roughly around 3,000 BC.
Which of the following is true of an economic strike?
A) It is a nonviolent work stoppage for the purpose of protesting an employer's commission of an unfair labor practice. B) It is a protected activity and strikers are entitled to return to their jobs once the strike is over. C) Employers are not allowed to fill economic strikers' jobs while the strike is taking place. D) Since employers cannot permanently replace economic strikers, this strike is considered a potent weapon.
In-house advertising agencies typically attract the best creative people, who prefer the stability of such settings and the lack of internal politics and managerial criticism.
Answer the following statement true (T) or false (F)
In terms of how contracts are formed, contracts can contain words (____________________ contracts) or result from the actions of the parties (____________________ contracts).
Fill in the blank(s) with the appropriate word(s).