A trade association

a. is always a per se violation of Section 1 of the Sherman Act.
b. may be legal if it is sufficiently beneficial to both the association and the public.
c. is an innovative, legally efficient approach to doing business.
d. always creates illegal territorial or customer restrictions.


b

Business

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If, prior to the last weekly payroll period of the calendar year, the cumulative earnings for an employee are $98,800, earnings subject to social security tax are $100,000, and the tax rate is 6.0%, the employer's social security tax on the $2,000 gross earnings paid on the last day of the year is $120

Indicate whether the statement is true or false

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Under the "perfect tender rule" the buyer may reject the goods if they fail in any respect to conform to the contract

a. True b. False Indicate whether the statement is true or false

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Discuss product features as value drivers.

What will be an ideal response?

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Lloyd's of London is the largest mutual insurance company in the world measured by total premiums written

Indicate whether the statement is true or false

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