Which of the following activities is judged by the per se standard?
A) exchange of information
B) joint research and development ventures
C) group boycotts
D) vertical price and non-price restraints
C
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It is much more difficult to control quality for manufactured products than for services
Indicate whether the statement is true or false
Which of the following attributes are not necessary to be a successful project center manager?
a. Have a goal of maximizing the center's profit. b. Have the ability to obtain resources at the lowest prices. c. Be able to sell products at the highest possible price. d. Instill a consideration of support cost in production managers.
Tu-thumbs buys a used paint sprayer from the local paint store. The sprayer had a large sign on it which said "AS IS." The dealer made no promises or statements concerning the performance of the paint sprayer. When Tu-thumbs attempts to spray paint his house, the trigger on the sprayer sticks in the "on" position and before Tu-thumbs can pull the electrical cord to cut the power, paint is sprayed
all over his prize Borzoi dog that is scheduled to be shown in a dog show the next day. Tu-thumbs sues the dealership. Who wins? a. Dealer wins; there were no express warranties and all implied warranties have been successfully disclaimed. b. Tu-thumbs wins; he can recover on the basis of express warranties. c. Tu-thumbs wins; he can recover on the basis of the implied warranty of merchantability because the word "merchantability" was not used in the disclaimer. d. Dealer wins; even though there were implied warranties, the damage to the dog could not have been foreseen.
Two absolute defenses to the tort of defamation are:
a. truth and self-defense. b. truth and privilege. c. privilege and self-defense. d. truth and defense of property.