Which of the following laws prohibits companies from engaging in price discrimination?
A)Sarbanes-Oxley Act of 2002
B)Robinson-Patman Act of 1936
C)The Securities Act of 1933
D)NAFTA

Question

Quizplus · Accepted Answer

The Robinson-Patman Act of 1936 prohibits companies from engaging in price discrimination, which is charging different prices to different buyers for the same product, provided that the products are of like grade and quality and the discrimination would substantially injure competition. Sarbanes-Oxley Act of 2002 deals with financial reporting, internal controls, and fraud prevention for publicly traded companies. The Securities Act of 1933 requires issuers or companies to register securities with the Securities and Exchange Commission, and NAFTA is a trade agreement between the United States, Canada, and Mexico.

Which of the Following Laws Prohibits Companies from Engaging in Price