Which of the following is true of the Colgate doctrine?

A. It is not a violation of Section 1 of the Sherman Act.
B. It is an example of a horizontal restraint of trade.
C. It is a per se violation of Section 1 of the Sherman Act.
D. It is a rule of reason violation of Section 1 of the Sherman Act.


Answer: A

Business

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Jack's Jungle Fun, Inc is a manufacturer of children's outdoor play equipment. The factory foreman determines when orders for materials are necessary. The orders are sent to the purchasing department that places orders with the vendors recommended by

the factory foreman. When the materials are received, they are delivered directly to a central storeroom without counting what has been received. When invoices are received for the materials purchased, they are sent to the accounting department for payment. The accounting department compares the invoices with purchase orders. If the two documents are in agreement, the invoice is approved for payment. The accounting department prepares the checks that are signed by the company treasurer. Recommend improvements in the company's procedures for purchasing and paying for purchases of materials that will provide better internal control over purchases and payment for those purchases.

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Blogs and social networks are both examples of ________

A) consumer-generated content B) broadcast media C) out-of-home media D) search marketing E) branded entertainment

Business

When a material person's lien is properly filed, the real property to which the improvements

have been made becomes security for the payment of these services. Indicate whether the statement is true or false

Business

An advantage of lease financing is the lack of an immediate large cash payment for the leased asset.

Answer the following statement true (T) or false (F)

Business