Ch.32 Quiz

Instructions
Please read the questions carefully.

This assessment is worth 100 points.

  1. The Clayton Act of 1914:   (4 points)

    a.  
    b.  
    c.  
    d.  

  2. Tying contracts are illegal under the:   (4 points)

    a.  
    b.  
    c.  
    d.  

  3. Which of the following prohibited mergers by stock acquisition if the effect was to lessen competition?   (4 points)

    a.  
    b.  
    c.  
    d.  

  4. Which of the following gave the Federal Trade Commission responsibility to protect the public against false and misleading advertising?   (4 points)

    a.  
    b.  
    c.  
    d.  

  5. False advertising and the misrepresentation of products were made illegal by the:   (4 points)

    a.  
    b.  
    c.  
    d.  

  6. Tying agreements:   (4 points)

    a.  
    b.  
    c.  
    d.  

  7. In which of the following pairs of antitrust cases did the firms prevail against the antitrust charges leveled against them?   (4 points)

    a.  
    b.  
    c.  
    d.  

  8. In the Alcoa case of 1945 the courts held that:   (4 points)

    a.  
    b.  
    c.  
    d.  

  9. The basic issue in the DuPont cellophane case was:   (4 points)

    a.  
    b.  
    c.  
    d.  

  10. Suppose a court rules that the ABC Corporation is in violation of the antitrust laws because it produces 70 percent of the output of its industry. This decision is consistent with the:   (4 points)

    a.  
    b.  
    c.  
    d.  

  11. Which of the following findings would be the most likely to lead the U.S. Justice Department to block a corporate merger under terms of the Clayton Act?   (4 points)

    a.  
    b.  
    c.  
    d.  

  12. Behavioralists believe that:   (4 points)

    a.  
    b.  
    c.  
    d.  

  13. A firm charged with monopolizing a market is less likely to be convicted if:   (4 points)

    a.  
    b.  
    c.  
    d.  

  14. Which of the following is most likely to be in conflict with strict enforcement of antitrust laws?   (4 points)

    a.  
    b.  
    c.  
    d.  

  15. Critics of industrial regulation say that such regulation:   (4 points)

    a.  
    b.  
    c.  
    d.  

  16. Social regulation differs from industrial regulation in that:   (4 points)

    a.  
    b.  
    c.  
    d.  

  17. All of the following are regulatory commissions dealing with social regulation (as distinct from industrial regulation) except the:   (4 points)

    a.  
    b.  
    c.  
    d.  

  18. Recently, some Congressional representative have called for extensive ergonomics regulations to reduce strains and injuries from repetitive activities by workers. Such regulation, if passed, would be a good example of:   (4 points)

    a.  
    b.  
    c.  
    d.  

  19. (Last Word) In 2000, a U.S. District Court found Microsoft guilty of:   (4 points)

    a.  
    b.  
    c.  
    d.  

  20. (Last Word) In 2000, a U.S. District Court ordered that Microsoft:   (4 points)

    a.  
    b.  
    c.  
    d.  

  21. (Last Word) After being found guilty by a U.S. District Court of violating the antitrust laws, Microsoft:   (4 points)

    a.  
    b.  
    c.  
    d.  

  22. Monopolization is illegal under Section 1 of the Sherman Act.   (4 points)

    a.  
    b.  

  23. Proposed ergonomics regulations are an example of industrial regulation (rather than social regulation).   (4 points)

    a.  
    b.  

  24. Tying agreements are contracts by which retailers agree to charge the prices that manufacturers set on branded goods.   (4 points)

    a.  
    b.  

  25. The Americans with Disabilities Act of 1990 is an example of industrial regulation.   (4 points)

    a.  
    b.  



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