What must a plaintiff demonstrate for liability to attach under Section 1 of the Sherman Act?
A plaintiff must establish that (1) there is a contract, combination, or conspiracy among separate entities; (2) it unreasonably restrains trade; (3) it affects interstate or foreign commerce; and (4) it causes an antitrust injury.
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Which of the following is a distinctive characteristic of multidivisional structured organizations in the United States?
A) These organizations have a close relationship with the different organizations part of the supply chain. B) Executives at the corporate headquarters are committed to single business units. C) Corporate headquarters are least concerned about strategic planning and the allocation of resources among business units. D) Profit responsibility for operating decisions is assigned to managers of individual business units.
A system fails 10 times in 100 hr of operation. The failure rate of the system is ______.
A. 0.10 B. 0.20 C. 0.30 D. 0.40
Use this information to answer the following question. Hernandez Corporation has 60,000 shares of $10 par value common stock outstanding. The following transactions occurred during the year: Mar. 17 Declared a 10 percent stock dividend to stockholders of record on March 20 . Market value of the stock was $13 on March 17. 30 Distributed the stock dividend. The entry to record the transaction of
March 30 would be: a. Common Stock Distributable 60,000 Common Stock 60,000 b. Common Stock Distributable 60,000 Retained Earnings 18,000 Common Stock 78,000 c. Common Stock Distributable 78,000 Common Stock 60,000 Additional Paid-in Capital 18,000 d. Common Stock Distributable 60,000 Cash 60,000
In which of the following cases discussed in the text was the manufacturer held liable based on failure to warn:
a. a gun manufacturer whose guns jammed, causing them to misfire b. Johnson and Johnson not warning Tylenol users that liver damage could occur in heavy drinkers who usedTylenol often c. a trampoline manufacturer that failed to put its warnings in French d. all of the other specific choices are correct e. none of the other specific choices are correct