If an agent at his principal's direction fixes prices with the principal's competitors:
A) only the agent is criminally liable.
B) only the principal is criminally liable.
C) both the principal and agent are criminally liable.
D) any liability would be civil only.

Question

Quizplus · Accepted Answer

Both the principal and agent would be criminally liable for price fixing with competitors. This activity is illegal under antitrust laws and both parties would be held responsible.

If an Agent at His Principal's Direction Fixes Prices with the Principal's