LAW 531T Week 2 Apply Assessment

LAW 531T Week 2 Apply Assessment

LAW 531T Week 2 Apply Assessment

  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

  1. Which antitrust law did the defendant violate?
o    Sherman Act

o    Clayton Act

o    Taft-Hartley Act

o    Federal Trade Commission Act

  1. Which of the following is NOT an element of this complaint?
o    a conclusion that the defendant’s actions significantly affected interstate commerce

o    a description of the defendant and co-conspirators

o    a description of the legal action that will be taken against the defendant

o    an explanation of the offense

  1. 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    raising the price of their 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

  1. This is an example of which type of trade restraint?
o    horizontal

o    vertical

o    monopoly

o    none of the above

  1. 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

 

LAW 531T Week 2 Apply Assessment

LAW 531T Week 2 Apply Assessment

 

OR 

LAW 531T Week 2 Apply Assessment

LAW 531T Week 2 Apply Assessment

  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

  1. Which antitrust law did the defendant violate?
o    Sherman Act

o    Clayton Act

o    Taft-Hartley Act

o    Federal Trade Commission Act

  1. Which of the following is NOT an element of this complaint?
o    a conclusion that the defendant’s actions significantly affected interstate commerce

o    a description of the defendant and co-conspirators

o    a description of the legal action that will be taken against the defendant

o    an explanation of the offense

  1. 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    raising the price of their 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

  1. This is an example of which type of trade restraint?
o    horizontal

o    vertical

o    monopoly

o    none of the above

  1. 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

 

LAW 531T Week 2 Apply Assessment

LAW 531T Week 2 Apply Assessment

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