A monarch, who usually reigns for life and by hereditary right, is the head of a parliamentary democracy

The Uniform Limited Liability Company Act is a model act that provides comprehensive and uniform laws for the formation, operation, and dissolution of LLCs (limited liability companies)

Indicate whether the statement is true or false

A monopoly power is characterized by ________

A) a market share of below 20 percent B) an inability to control prices in the market C) an ability to exclude all competition from other sellers D) a presence of multiple substitute goods at competing prices