North Mining Company and South Excavation Company agree to abide by the decisions of East Coast Financial Corporation as to their respective levels of production, markets, and prices, effectively reducing competition and increasing profits. This is most likely
A) a common, legal, time-honored type of business arrangement
B) an illegal restraint on trade.
C) an innovative, legally efficient approach to doing business.
D) an outdated, but legal business trust.
B
You might also like to view...
Differences between IFRS and U.S. GAAP in accounting for pensions include all of the following except:
A. Under U. S. GAAP the asset (liability) on the balance sheet differs from the plan's actual funded status, while under IFRS the asset (liability) on the balance sheet equals the plan's actual funded status. B. Under IFRS past service costs are recognized immediately as part of pension expense. C. Pension expense computed using U.S. GAAP is likely to be higher because it allows firms to use an expected rate of return that exceeds the discount rate. D. Under IFRS actuarial gains and losses are recognized in OCI without subsequent amortization to pension expense.
Robust economic growth and rising incomes mean that consumers in China, India, and other emerging markets can buy cell phones as status symbols
Indicate whether the statement is true or false
Choose the correct word or words in parentheses. Anyone who is conscientious in (his or her, their) research will advance quickly
Any invention requiring FDA approval has the term of its patent extended by the amount of time it takes the FDA to review the invention.
Answer the following statement true (T) or false (F)