Which of the following acts prohibited false advertising?
a. Sherman Act
b. Clayton Act
c. Federal Trade Commission Act
d. Celler-Kefauver Act
c
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What will happen to the equilibrium price and quantity of cars if there is an increase in the price of gasoline?
What will be an ideal response?
Which of the following will facilitate the enforcement of a cartel?
A) most-favored-customer clauses B) reports of bids on government contracts C) meet the competition or price match D) All of the above
The government defines poverty as an income level less than four times the cost of a minimal diet
a. True b. False Indicate whether the statement is true or false
A tradable allowance is:
A. the minimum amount set by the government that can be bought or sold in a market. B. a production or consumption quota that can be bought or sold. C. the permitted price for the trade of a particular good. D. None of these statements is true.