This topic contains a solution. Click here to go to the answer

Author Question: Gorhan Construction, Brighton Bros., and Tirenn Construction agreed that on three upcoming projects, ... (Read 150 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
Gorhan Construction, Brighton Bros., and Tirenn Construction agreed that on three upcoming projects, Gorhan would bid lowest on one, Brighton would submit the lowest bid on the second project, and Tirenn would submit the lowest bid on the third project. In this way, they would each be assured of work for the upcoming season. This behavior
 A)is legal and acceptable practice in the construction industry to spread work more evenly.
 B)is a per se violation of the Sherman Act.
 C)is a rule of reason violation of the Sherman Act.
 D)violates ethical, but not legal, standards.

Question 2

The USTR has requested your advice on whether the following are legal pursuant to the GATT. Please explain each of your answers. Scenario An across-the-board reduction by the United States in the corporate tax rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

B

Answer to Question 2

Legal. This is not a subsidy as the tax reduction was not specific to a particular enterprise or industry.





 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library