Scenario 3.1 Use the following to answer the questions. Meyers Sporting Goods, a national chain, has been doing business with Soljur Sports, a manufacturer of skateboards, for several years. Recently, it came to the attention of Meyers' financial director that the average cost per Soljur Sports skateboard had substantially increased over that of the previous year. The financial director asked the marketing department if they knew what the Soljur skateboards cost at competing sporting goods stores, to see if they too were likely hit with a higher cost. The marketing department found that the Soljur skateboards were priced at $15 less in the competing store than at Meyers. The financial director found that Soljur Sports was selling a similar number of skateboards to one of Meyers'
competitors for $10 less per skateboard. The attorney for Meyers Sporting Goods immediately filed a complaint with the Federal Trade Commission. Refer to Scenario 3.1. If the Federal Trade Commission believes that Soljur Sports is acting in violation of the law, the first move for the FTC is to
A. issue a cease-and-desist order.
B. issue a complaint stating that the business is in violation of the law.
C. seek a monetary penalty.
D. issue negative publicity about the company.
E. contact the sporting goods manufacturers association.
Answer: B
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A. classifies only business enterprises as places of public accommodation. B. does not treat stores at which goods are sold or rented as places of public accommodation. C. classifies only nonbusiness enterprises as places of public accommodation. D. does not require private clubs and religious organizations to comply with the statute.
The basic rules of strict liability apply in determining the existence and nature of the relationship of principal and surety.
Answer the following statement true (T) or false (F)
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A. $170,000 B. $120,000 C. $150,000 D. $130,000
The Norris LaGuardia Act outlawed agreements of non union membership as a condition to employment
Indicate whether the statement is true or false