In Todd v. Exxon Corp, where Exxon other oil companies hired a consultant to gather information about the salaries they paid professionals at the companies, and the information was used to help set salaries, the appeals court held the practice was:
a. illegal because there is a per se rule against sharing price information among competitors b. illegal if the sharing of information produced anticompetitive effects in salaries
c. legal because the information was shared openly, so there could be no conspiracy d. legal because an outsider collected the information, not the firms themselves
e. none of the other choices
b
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Which of the following is the most likely item to result in a deferred tax asset?
a. Using accelerated depreciation for tax purposes but straight-line depreciation for accounting purposes b. Using the completed-contract method of recognizing construction revenue tax purposes, but using percentage-of-completion method for financial reporting purposes c. Prepaid expenses d. Unearned revenues
Physical distribution activities include all of the following EXCEPT which one?
A) order processing B) warehousing C) materials handling D) transportation E) order getting
What are the personal benefits of being a change leader?
a. It gives the change leader a chance to deal with failure b. It causes them to be more peripheral to the organization c. It can prove to be educational and career enhancing d. It doesn’t challenge an individual’s view of organizations
The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:
A. Selling expenses. B. Prepaid fees. C. Organization expenses. D. Minimum legal capital. E. Stock subscriptions.