Reference no: EM132266819
1. Homeruns Co. manufactures baseball bats. It withdrew deals from a few retailers who refused to put a particular price tag, as decided by Homeruns Co, on the bats. This act of Homeruns Co.:
violates the per se rule.
is legal under the quasi-RPM arrangement.
violates the rule-of-reason standard.
is legal under the RPM agreement.
2. A _____ might be used by target management if the target owns an irreplaceable piece of property, the sale of which would seriously devalue the overall worth of the target.
greenmail
lockup agreement
public relations campaign
targeted shareholder agreement
3. If Drake, a shareholder of Sweet Corp., feels that he has been deprived of the right to purchase some of the corporation's newly issued stock, he:
may bring a derivative suit against Sweet's corporate manager.
may bring a direct suit against Sweet's corporate manager.
may bring both a derivative suit and a direct suit against Sweet's corporate manager.
has no legal recourse against Sweet's corporate manager.
4. Which of the following is the best example of a brand mark
a. Honda d. BMW b. Nike’s swoosh e. 7-Eleven c. WD-40
5. Many states have now enacted laws allowing medical use of marijuana. However, despite the proliferation of state marijuana laws, marijuana remains a Schedule I drug under the federal Controlled Substances Act. Consequently, the drug’s Schedule I status means it is illegal under federal law, regardless of state law allowing the drug. Under the Obama administration (specifically, due to a Presidential directive), the federal government has taken a “hands off” position with regard to state marijuana laws and have not enforced federal law in states that legalize the substance. However, President Donald Trump stated promised during his campaign for presidency that this policy will change and enforcement of federal law will begin again (i.e., criminalize marijuana possession and use). Which clause of the Constitution would allow enforcement of federal law in those states that legalized marijuana?
Fourth Amendment
Equal Protection Clause
Supremacy Clause
Fifth Amendment