Human Resources Management2024-02-14Consumer Behaviour2024-02-14 Report a question What's wrong with this question? You cannot submit an empty report. Please add some details. 12345678910 Consumer Protection Advanced Business English practice 10 multiple-choice questions If you log in, you will get the results via email. Category: business-advanced 1. The US Federal Trade Commission has prepared the following information to help consumers understand the antitrust laws and protect consumer .......... — the freedom to choose goods and services in an open marketplace at a price and quality that fit the consumer's needs. impartiality dignity individuality sovereignty Category: business-advanced 2. A .......... agreement on price among competitors — where the agreement is not reasonably related to the firms' business operations — is illegal. guarded suspected stated naked Category: business-advanced 3. Price similarities also can result from normal economic conditions: for example, .......... competition can drive prices down to a common level. vigorous fictitious unfair uncontrolled Category: business-advanced 4. As for the appearance of uniformly high prices, .......... may not be the only basis for the situation: prices may increase if consumer demand for a product is particularly high and the supply is limited. cooperation competition coexistence collusion Category: business-advanced 5. An agreement to restrict production or output is illegal because reducing the supply of a product or service .......... drives up its price. irrevocably readily inevitably steadily Category: business-advanced 6. A group .......... — an agreement among competitors not to deal with another person or business — violates the law if it is used to force another party to pay higher prices. boycott barricade bluff ban Category: business-advanced 7. Market division — agreements among competitors to divide sales territories or .......... customers — are presumed to be illegal. allocate alleviate deviate deploy Category: business-advanced 8. Restrictions on price advertising can be illegal if they .......... consumers of important information. deplete deprive deny detract Category: business-advanced 9. A professional .......... of ethics may be unlawful if it unreasonably restricts the ways professionals may compete. code promise vow assertion Category: business-advanced 10. Vertical price-fixing — an agreement between a supplier and a dealer that fixes the minimum resale price of a product — is a .......... antitrust violation. well-worn out-front back-door clear-cut Your score is The average score is 0% LinkedIn Facebook Twitter Restart quiz Author: Kovács Áron Share0