Harry Jones at Jones Brothers Furniture Co does not like the Brite Lamp Co representative, so he decided that Jones Brothers would boycott Brite. Under the Sherman Act, this is:

a. per se illegal.
b. no violation.
c. a tying arrangement.
d. vertical market allocation.


b

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Cash larceny involves

a. stealing cash from an organization before it is recorded. b. stealing cash from an organization after it has been recorded. c. manufacturing false purchase orders, receiving reports, and invoices. d. a clerk paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor.

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The first Apple iPhone was introduced in 2007 at an initial price of $600. People waited in line overnight so they could be one of the first to own this unique smartphone. Which pricing strategy did Apple use to help recoup its research and development costs for the smartphone?

A. skimming pricing B. target pricing C. penetration pricing D. customary pricing E. experience curve pricing

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Louise was in a hurry and tried to cross the street in the middle of the block rather than at a street corner. A car struck her

Even though Louise placed herself in danger, she may still be able to collect for her injuries if the driver had an opportunity to avoid hitting her but failed to do so. This rule is called the A) last clear chance rule. B) collateral sources rule. C) alternative dispute resolution rule. D) joint and several liability rule.

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Kipper files a petition in bankruptcy. Kipper's dischargeable debts include

A. domestic-support obligations. B. student loans unless the lender would suffer undue hardship. C. unpaid state and federal taxes. D. unsecured credit-card debt.

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