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Plastic Company and Pliable Inc

Question 52

Multiple Choice

Plastic Company and Pliable Inc. agree to abide by the decisions of Polymer Corporation as to their respective levels of production, markets, and prices, effectively reducing competition and increasing profits. This is most likely


A) a common, legal, time-honored type of business arrangement.
B) an illegal restraint of trade .
C) an innovative, legally efficient approach to doing business.
D) an outdated, but legal business trust.

Correct Answer:

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