Which of the following is true of the Sherman Act?

A. It was aimed at efforts to restrain trade or lessen competition.
B. It was intended to protect large producers.
C. It was passed just after the Antimerger Act of 1950.
D. It was passed to prohibit deceptive pricing.
E. It was passed after the Depression of the 1930s.


Answer: A

Business

You might also like to view...

The warehouse master data contains a record of each inventory item which is stocked in the warehouse and/or regularly ordered from a vendor

Indicate whether the statement is true or false

Business

Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achieving the same low costs

Indicate whether the statement is true or false

Business

In periods of rising inventory prices, the LIFO method will result in a higher inventory valuation than will the average-cost method

Indicate whether the statement is true or false

Business

What percentage of U.S. product sales is directly tied to word of mouth activity among friends, family, and colleagues?

A. 67 percent B. 10 percent C. 25 percent D. 50 percent E. 33 percent

Business