Restraint of trade - Study guides, Study notes & Summaries

In order to encourage the agricultural industry, the French government provided low-interest loans for the purchase of seeds and fertilizers. The government also gave cash grants and made tax reductions. Which instrument of trade policy is being used by the French government? tariffs voluntary export restraints subsidies local content requirements import quotas ~~> subsidies A(n) ________ refers to the extra profit that producers make when supply is artificially limited by an ...

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Law of Agency – Exam Questions and Answers 100% Pass Duties of an Agent Obedience, Loyalty, Disclosure, Confidentiality, Accounting and Reasonable care - OLD CAR General vs. Special Agent General: has less authority than the universal agent. An individual has the right to represent his or her principal in a particular type of transaction or business. Special: the most limited of all the agency agent may perform only limited duties for the principal. Not able to bind (obligate) the principal...

Foreign producers agree to ________ imposed by an exporting country because they fear more damaging punitive tariffs or import quotas might follow if they do not. voluntary export restraints tariff rate quotas quota rents export bans Dumping - ️️voluntary export restraints High tariff barriers and subsidies in the agricultural industry ultimately lead to the lack of overproduction of products. an increased volume of agricultural trade. increased prices for consumers. stronger comp...

Michigan Residential Builder's License Complete Exam 2024 Latest What is the 1st offense penalty for engaging in the practice of residential building without a license? - CORRECT ANSWER-Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - CORRECT ANSWER-Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as y...

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aPHR Study Kit Questions and Answers Sherman Anti-trust Act (1890) - Answer ️️ ---curbed concentrations of power that interfere with trade and reduce economic competition by regulating monopolies and trade; protects free trade --applied to unions in early days because they were seen as a monopolizing power --forbade any "restraint of commerce" across state lines, and courts ruled that union strikes and boycotts were included Clayton Act (1914) - Answer ️️ ---modified the Sherman...

"$500 reward for the return of my dog, Ebony," is an offer to enter a bilateral contract. - ️️False. This is an offer to enter into a unilateral contract. Agreements signed by an employee before the employee begins to work that prevent him working for a competitor are also known as noncompete agreements or covenants not to compete. Are they enforceable? a. No, because there is no consideration for them to be signed. b. No, because they are a restraint of trade. c. Yes, they are a...

In order to encourage the agricultural industry, the French government provided low-interest loans for the purchase of seeds and fertilizers. The government also gave cash grants and made tax reductions. Which instrument of trade policy is being used by the French government? tariffs voluntary export restraints subsidies local content requirements import quotas - answer-subsidies A(n) ________ refers to the extra profit that producers make when supply is artificially limited by an impo...

Champions School of Real Estate - Exam Prep Latest Update 100% Pass Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions Broker A properly licensed party who serves a principal in an agency relationship- also called an agent Client A party represented by a broker in an agency relationship - also called a principal Duties of an Agent An agent owes his...