The Robinson-Patman Act makes it illegal for a business entity to discriminate in price "between different purchasers of commodities of like quality or grade." In order to violate this act, the business must
A. make sales at different prices to at least three different purchasers.
B. make one sale of a different price to a purchaser.
C. give different price quotes to different purchasers.
D. make two or more sales to different purchasers at different prices.
Answer: D
You might also like to view...
Government grants, loans, and tax breaks given to domestic companies are considered to be ______.
a. quotas b. subsidies c. tariffs d. embargos
Barney wants to rent an apartment and posts an advertisement in a classifieds website. Two days later, Michael, who wants to rent out his apartment, e-mails Barney and they finalize the deal over the Internet
Barney pays Michael through an online transfer. This is an example of ________. A) e-licensing B) e-commerce C) cybersquatting D) spamming
Written questions sent by one party to another party that must be answered under oath are known as:
a. interrogatories. b. depositions. c. requests to produce. d. disclosure. e. None of the above
A contributing factor to the increased profits associated with diversity is that
A) cultural diversity is used to justify lower wages. B) the workforce is similar to the customer base in appearance and customs. C) the conflict associated with diversity leads to better product decisions. D) customers are usually willing to pay higher prices to companies with a diverse workforce.