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The Law and Business Study Set 1
Quiz 3: Government Regulation of Business
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Question 41
Essay
Explain horizontal and vertical mergers.
Question 42
Essay
In relation to price fixing,what is parallel pricing?
Question 43
Essay
Paul is a licensed plumber who provides residential plumbing service.He advertises in the yellow pages and in the classified section of the local newspaper.It is claimed that his advertising is deceptive.Is he subject to the provisions of the federal Competition Act? Explain.
Question 44
Essay
What does it mean when distribution practices such as exclusive dealing,tied selling,and market restriction are said to be "reviewable"?
Question 45
Essay
The Canadian federal government organized its consumer protection legislation,culminating in 2011 with the implementation of the Canada Consumer Products Safety Act (CCPSA).What is the CCPSA,and what activities does it focus on?
Question 46
Essay
In administrative proceedings,what are the overriding principles to be employed?
Question 47
Essay
On what basis can a merger be approved even though it has been shown that it will substantially lessen competition?
Question 48
Essay
On what basis can the courts challenge the legality of administrative acts and decisions?
Question 49
Essay
Regarding deceptive advertising,which is better,to give government agencies the power to prohibit,such as advertising and impose fines against sellers,or to give consumers an arsenal of remedies for stopping,such advertising?