1. The U.S. "antitrust" law that regulate anticompetitive behavior are -

A) the Sherman Act, the Clayton Act, the Federal Trade Commission Act, and the Robinson-Crusoe Act

B) the Sherman Act, the Clayton Act, the Federal Trade Commission Act, and the Robinson-Patman Act

C) the Sherman Act, the Clayton Act, the Dodd-Frank Act, and the Robinson-Patman Act

D) the Sherman Act, the Clayton Act, the Federal Trade Commission Act, and the Sarbanes-Oxley Act

2. The Act that addresses the most egregious forms of anticompetitive behavior is

A) the Clayton Act

B) the Sherman Act

C) the Federal Trade Commission Act

D) Robinson-Patman Act

3. Laws protecting the purchaser tend to fit into three broad categories of regulation -

A) advertising,

B) actual sales transactions

C) labeling and packaging

D) All the above

4. Administrative agencies possess the following functional powers -

A)rulemaking, enforcement, and interpretation

B) rulemaking, enforcement, and adjudication.

C) rulemaking, enforcement, and procrastination.

D) rulemaking, mediation, and adjudication.

5. Administrative agencies have a significant impact on the regulatory environment within which business functions and exist at the ______________level of government

A)local

B) state

C) federal

D) All the above