Smith and Robersons Business Law Study Set 1
Quiz 40 :
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Q32 Q32 Q32
In expanding its policy of enforcement regarding the Sherman Act to cover conduct by foreign companies that harms exports, the Justice Department has indicated that it will focus primarily on boycotts and cartels that injure the export of U.S. products and services.
Q60 Q60 Q60
Margaret tells the members of the Raleigh Association of Restaurant Owners that they will be able to get a better price on linen supplies (tablecloths, napkins) if they will deal with one supplier rather than split their business between two. They all know Margaret deals with Niagara Linen rather than Cayuga. Under the Sherman Act, if they all sign contracts with Niagara:
Q76 Q76 Q76
Widget Maker, Inc. manufactures and sells widgets. It sells widgets to Marklin of Marklin's Department Store and gives him a preference in pricing that discriminates against other retailers. Does Marklin have liability for price discrimination? Does Widget Maker, Inc. have liability for price discrimination? Explain.
Q77 Q77 Q77
Discuss the validity and effect of each of the following: a. Two manufacturers of the same product decide to allocate territories, with one taking the southern States. b. A labor union encourages its members and all consumers to boycott a product manufactured by a company that refuses to honor a union contract. Carrin's Department Store sells its products for 10% under the suggested retail price. One c. manufacturer tells the store it will not supply wholesale goods to it unless it charges at least the suggested retail price.