Which of the following is true regarding the agency duty held by a buyer's agent?
a. The agent represents the buyer only.
b. The agent is a dual agent of both the buyer and seller.
c. The agent may charge an advance fee to the buyer.
d. There are only agents of sellers in California.
Answer: a. The agent represents the buyer only.
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Organosis is a company in the healthcare industry. The company engages in trade practices that violate antitrust laws. Organosis is subject to criminal prosecution by:
a. either the Department of Justice or the Federal Trade Commission under either the Sherman Act or the Clayton Act. b. the Federal Trade Commission (FTC) under the Clayton Act. c. either the Department of Justice or the Federal Trade Commission under the Sherman Act. d. the Department of Justice (DOJ) under the Sherman Act.
A private plaintiff has ________ years from the date on which an antitrust injury occurred to bring a private civil treble-damages action because only damages incurred during this period are recoverable
A) three B) two C) five D) four