The Environmental Protection Agency (EPA) was created by Congress to
A)consolidate environmental regulations under one agency
B)protect corporate investors.
C)prevent conflicts between the Departments of Commerce and Interior.
D)eliminate discrimination.
A
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In Texaco Inc. v. Dagher et al., two oil refiners and gas suppliers, Texaco and Shell Oil, entered into a joint venture called Equilon to consolidate their operations in the western United States. Historically, Texaco and Shell were competitors, but for their joint venture they shared expenses and profits equally. The products produced by Equilon were sold under the brand names Texaco and Shell at a mutually agreed-upon price. Texaco and Shell retailers brought a class action lawsuit against the two companies, claiming there was a per se violation of the Sherman Antitrust Act because of the lack of price competition. The court held that
A. there was a per se violation because oil companies are automatically held to this standard. B. there was a per se violation because the joint venture was plainly anticompetitive. C. the rule of reason standard should apply because it is a joint venture and not a meeting of the minds. D. the rule of reason standard should apply because a market analysis was relevant.
The value of a guest experience is equal to ______.
a. the quality of the guest experience; they are the same b. the quality of the experience divided by the costs of all kinds c. the dollar value of the experience to guests d. the price charged for the experience less the cost of goods sold
In most instances of differential pricing, demand from the segment paying the lower price arises earlier in time than demand from the segment paying the higher price
Indicate whether the statement is true or false.
A limited partnership (LLLP) is subject to double taxation.
Answer the following statement true (T) or false (F)