LAW 531T Week 2 Apply Assignment | eBooks | Education

LAW 531T Week 2 Apply Assignment

LAW 531T Week 2 Apply Assignment PLDZ-12612 Free
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LAW 531T Week 2 Apply Assignment 

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Week 2 Apply Assessment

The United States of America, acting through its attorneys, charges:

  1. participating in conversations and meetings to discuss prices of NBR to be sold in the United States and elsewhere;
  2. agreeing, during those conversations and meetings, to raise and maintain prices of NBR to be sold in the United States and elsewhere; and
  3. issuing price announcements and price quotations in accordance with the agreements reached.

ALL IN VIOLATION OF TITLE 15, UNITED STATES CODE, SECTION 1.

 

  1. What is the stated cause of action?
  • an attempt to suppress and eliminate competition
  • combination and conspiracy to increase and maintain the price of NBR
  • unreasonable restraint of interstate and foreign trade and commerce
  • all of the above

 

  1. Which antitrust law did the defendant violate?
  • Federal Trade Commission Act
  • Clayton Act
  • Taft-Hartley Act
  • Sherman Act

 

  1. Which of the following is NOT an element of this complaint?
  • a description of the defendant and co-conspirators
  • a description of the legal action that will be taken against the defendant
  • an explanation of the offense
  • a conclusion that the defendant’s actions significantly affected interstate commerce

 

  1. Which of the following was an illegal act by the defendant?
  • embezzling funds to maintain their business structure
  • raising the price of their product
  • using deceptive practices to lie to consumers about the actual price of the product
  • participating in conversations and agreements with co-conspirators to maintain the price of their product

 

  1. This is an example of which type of trade restraint?
  • horizontal
  • vertical
  • monopoly
  • none of the above

 

  1. Which method did Zeon Chemicals L.P. use to restrain trade, based on the complaint?
  • division of markets
  • exclusive dealing agreement
  • price fixing
  • all of the above

 

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