The ________ is a court-adopted rule that allows a reviewing court to consider the overall impact of a particular agreement on competition within its relevant market.
A) choice of law rule
B) rule of reason
C) rule of origin
D) ultra vires rule

Question

Quizplus · Accepted Answer

The rule of reason is a legal principle used by courts when analyzing whether a particular restraint on trade violates antitrust laws. It allows a reviewing court to consider the overall impact of a particular agreement on competition within its relevant market. The choice of law rule deals with the determination of which jurisdiction's law will be applied to a particular legal dispute. The rule of origin pertains to the labeling or marking requirements for goods that are imported into a country. The ultra vires rule pertains to actions taken by corporations or other entities that exceed their legal authority or powers.

The ________ Is a Court-Adopted Rule That Allows a Reviewing