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Sherman Antitrust Act and Trading Company Act

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Sherman Antitrust Act and Trading Company Act
Name: ______________
MGMT 533
Final Exam (March 2013)
Part I – True and False Questions (1 point each) 1. ____ The Robinson-Patman Act deals with price discrimination. 2. ____ The Florida Supreme court decisions can be appealed to the U.S. Supreme Court. 3. ____ NAFTA is a multilateral treaty of North American countries. 4. ____ U.S. courts have no jurisdiction over foreign businesses with operations in the United States. 5. ____ Sarbanes-Oxley is the most extensive regulations of companies since the 1933/34 securities laws. 6. ____ A fee simple estate is the highest level of land ownership. 7. ____ To successfully pursue a Title VII lawsuit, the plaintiff generally must belong to a protected class. 8. ____ Sulfur dioxide emission permits can be sold under the 1990 Clean Air Act. 9. ____ The Superfund is available to private citizens through the filing of a lawsuit. 10. ____ Nuisance is a common law anti-pollution doctrine. 11. ____ A NIMBY group is one who opposes development of certain land uses. 12. ____ Corporations cannot hold copyrights. 13. ____ Those who transport or who arrange for the transport of hazardous materials are liable under CERCLA. 14. ____ A primary offering is the first-time offering of shares for sale. 15. ____ Stare decisis is Latin for "let the decision stand." 16. ____ The Kyoto Protocol has been ratified and adopted in the United States. 17. ____ A tombstone ad can be run before the registration statement is effective. 18. ____ Black-out periods are timeframes in which trading by company employees is prohibited. 19. ____ Destruction of documents related to the financial reports of a company carries a 20-year penalty. 20.

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