Question

1. The_________prohibits price discrimination that lessens competition, and it prohibits producers from giving preferential treatment to large buyers.

A. Sherman Antitrust Act
B. Federal Trade Commission
C. Clayton Act
D. Robinson-Patman Act

2. This act of Congress was created to provide protection for and regulation of brand names and trademarks. It was the__________.

A. Trademark Act of 1946 (Lanham Act)
B. Copyright Act of 1976
C. Patent Act of 1952
D. Trade Secret Act of 1979

3. Any company that uses unfair or deceptive acts and practices, even if competition is not negatively impacted, would be in violation of the__________.

A. Sherman Antitrust Act
B. Clayton Antitrust Act
C. Federal Trade Commission Act
D. Robinson-Patman Act

4. Advertising of foods and drugs falls in the jurisdiction of the Federal Trade Commission as a result of the passage of the__________"

A. Food, Drug, and Cosmetic Act
B. Pure Food and Drug Act
C. Controlled Substances Act
D. Dietary Supplement Health and Education Act

Answer 1

The Robinson-Patman Act prohibits price discrimination and preferential treatment. The Trademark Act of 1946 provides protection for brand names and trademarks. The Federal Trade Commission Act prohibits unfair or deceptive acts and practices.

Step-by-step explanation:

The Robinson-Patman Act prohibits price discrimination that lessens competition, and it prohibits producers from giving preferential treatment to large buyers.

The act of Congress created to provide protection for and regulation of brand names and trademarks is the Trademark Act of 1946 (Lanham Act).

Any company that uses unfair or deceptive acts and practices, even if competition is not negatively impacted, would be in violation of the Federal Trade Commission Act.

Advertising of foods and drugs falls in the jurisdiction of the Federal Trade Commission as a result of the passage of the Food, Drug, and Cosmetic Act.