LAW 531 Week 2 Quiz 2 | University of Phoenix
- University of Phoenix / LAW 531
- 17 May 2022
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- Humanities Assignment Help / Law assignment help
LAW 531 Week 2 Quiz 2 | University of Phoenix
1. What is the stated cause of action?
o an attempt to suppress and eliminate competition
o combination and conspiracy to increase and maintain the price of NBR
o unreasonable restraint of interstate and foreign trade and commerce
o all of the above
2. Which antitrust law did the defendant violate?
o Taft-Hartley Act
o Federal Trade Commission Act
o Clayton Act
o Sherman Act
3. Which of the following is NOT an element of this complaint?
o a description of the defendant and co-conspirators
o an explanation of the offense
o a description of the legal action that will be taken against the defendant
o a conclusion that the defendant’s actions significantly affected interstate commerce
4. Which of the following was an illegal act by the defendant?
o using deceptive practices to lie to consumers about the actual price of the product
o participating in conversations and agreements with co-conspirators to maintain the price of their product
o embezzling funds to maintain their business structure
o raising the price of their product
5. This is an example of which type of trade restraint?
o horizontal
o vertical
o monopoly
o none of the above
6. Which method did Zeon Chemicals L.P. use to restrain trade, based on the complaint?
o division of markets
o exclusive dealing agreement
o price fixing
o all of the above
USA 
India