Practice Quiz

Paralegal Exam Prep

Category - Legal Envrmt

Start a Study Session Sign up for Question of the Day
What is the statute that prohibits certain business activities that reduce competition in the marketplace?
  1. Fair Trade Act
  2. Truman Antitrust Act
  3. Sherman Antitrust Act
  4. Tariffs and Trade Act
  5. Sherman Fair Trade Act
Explanation
Answer: C. The statute that prohibits certain business activities that reduce competition in the marketplace is the Sherman Antitrust Act. The Sherman Antitrust Act prohibits direct or indirect interference with interstate trade. It was enacted in 1890 and amended by the Clayton Antitrust Act in 1914.
Category: Legal Environment
Previous Next
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz