The purpose of the ________ is to forbid certain actions that are likely to lessen competition, although no actual harm has yet occurred.

A. Clayton Act
B. Lanham Act
C. Federal Trade Commission Act
D. Robinson-Patman Act
E. Sherman Antitrust Act


Answer: A

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The management scientist was planning to leave his actions up to the wisdom of his model, but before he could press "Solve" on his Excel spreadsheet, his wife weighed in on the project

This was only reasonable, as it was her house before they tied the knot. It has been her dream to move back into this cottage once the management scientist goes to his great reward. She insists that the back door and garage door components of this project happen. If the variables have been chosen as in the table, construct an objective function and constraints that meet the management scientist's bride's requests. x1 = contractor works on wood floors x2 = landlord works on wood floors x3 = contractor works on kitchen tile x4 = contractor works on kitchen tile x5 = contractor works on back door x6 = contractor works on back door x7 = contractor works on garage door x8 = contractor works on garage door

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Protection against an unwarranted takeover, technical obsolescence, or protection against market encroachment, are some of the reasons why a company would opt for

A. acquisition. B. leveraged buyouts. C. lease. D. merger.

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Roscoe Braun, who lives in Cleveland, receives a mailing from Florida from the SwampLand and Reclamation Project. It states that the Brauns can purchase one-acre sites as part of a newly planned development located in Leon County, Florida. The Brauns

contact the company and are given a purchase agreement but no additional information. They sign the purchase agreement and send it back. Then, a week later they decide they would prefer to winter in either New Zealand or Australia. Can the Brauns get out of the contract?

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In CASE 5.2 EBC I, Inc v. Goldman, Sachs & Co, (2005) the plaintiffs claimed that Goldman Sachs breached a fiduciary duty in acting as an underwriter and in providing advice to eToys, the plaintiff's predecessor, in regard to an initial public offering of stock. How did the court rule and why?

a. The court dismissed the case on the basis that Goldman Sachs as an underwriter could not be considered a fiduciary based on its role in the transactions at issue. b. The court refused to order a dismissal of the plaintiff's claim and found that Goldman Sachs' failure to disclose a material conflict of interest established a claim for breach of fiduciary duty. c. The court dismissed the case because Goldman Sachs had every right to make a profit out of the transaction so long as no actual misrepresentations were made to the plaintiffs. d. The court refused to order a dismissal of the plaintiff's claim and found that Goldman Sachs' could be held liable based on material misrepresentations made to the plaintiffs regarding the value of the stock involved in the initial public offering.

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