What is the Justice Department's current position relative to reciprocal dealing agreements?
A. The Justice Department actively enforces this illegal activity.
B. The Justice Department is only concerned about these agreements if a large, national company is involved.
C. The Justice Department only gets involved if such an agreement will foreclose a significant share of the market and if the participants agreed not to buy from other competitors.
D. The Justice Department only gets involved if such an agreement is "decidedly uneven," meaning that one company benefits significantly more than the other.
Answer: C
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When a customer reveals confidential information about a competitor to a salesperson, the preferred course of action is for the salesperson to:
A) preserve the confidentiality of information they receive B) accurately relate the details to top management C) inform the competing company about the useful information in exchange for a sale D) request that the customer not comment further because of the conflict of interest E) clarify the details to make sure the information is correct
According to the Anglo culture cluster, the least desirable leader behavior is ______.
A. charismatic/value-based leadership B. participative leadership C. humane-oriented leadership D. self-protective leadership
Nonny agrees to buy a unique collection of Olympics memorabilia for $7,000 from Piper and sends $1,500 as a down payment. When Nonny sends Piper the rest of the price, she refuses to ship the collection. Nonny should seek
a. damages. b. quasi-contractual recovery. c. rescission. d. specific performance.
Which of the following would be unenforceable because the subject matter is illegal?
a. An employer promises not to press charges against her employee for embezzlement because the employee agreed to make restitution. b. An attorney charges a fee to represent a client in a civil court action. c. A restrictive covenant in an employment contract prohibiting a former employee from using the original employer's trade secrets at his or her new job. d. An agreement to pay an expert in a particular field to present a case to a legislative body seeking favorable legislation but leaving it up to the legislative body to decide on the issue.