The bigger the company, the higher the agency cost. Do you agree with this statement? State your stand and provide reasons to support your stand.
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A: The Sherman Antitrust Act forbids actual monopolies.
The bigger the company, the higher the agency cost. Do you agree with this
statement? State your stand and provide reasons to support your stand.
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- Please read the case and answer the questions at the end. Please respond to two of your peers. Do you agree or disagree? Collegiate Promotions distributes products that are marketed to students and alumni of major universities. High-selling products include coffee mugs and T-shirts that bear collegiate logos. In order to distribute its products, Collegiate Promotions has adopted an independent sales representative model. The sales representatives work for themselves and are not actual employees of Collegiate. They have independent contractor status. Becoming an independent sales representative is easy. An interested person pays a $300 fee to obtain catalogs and other literature needed to advertise and sell the line of products. The sales representative then begins to write orders for products. A sales representative can sell to anyone through any channel. This means that there are no protected territories, so several sales representatives are often working in the same geographic…Your Cousin along with his wife are willing to launch a children day care center investing around 250 thousand Egyptian pounds can you advice on the following : What could be the legal options available on the best legal form that can suits this type of business AND explain why would you recommend this Type of Legal Form ? Highlight its advantages and disadvantagesCan you explain the concept of monopolies and why they are considered harmful in the context of antitrust law?
- You are the owner of the APPLE OF MY EYE PIE COMPANY. Your pies are sold to customers in your sit-down restaurant, takeout orders, and through the store’s website. Your business is becoming famous for its secret pie crust, which no one else can replicate. What type of intellectual property law will you look to for protection of your unique pie crust recipe? Explain in detail, the steps you will take to ensure that your recipe will not be stolen by others?Do you agree or disagree with the discussion below? What is your reaction? Any additional thought? Goodward, a newly hired newspaper reporter for The Cape Cod News, learned that the local cranberry growers had made an agreement under which they pooled their cranberry crops each year and sold them at what they determined to be a fair price. Goodward believes that such an agreement is in restraint of trade and a violation of the antitrust laws. Is he correct? I would say yes, and this is because according to Twomey the antitrust law will step in when competitors create a barrier to market entry or collude on prices or production to control prices. Antitrust It is designed to prevent unfair practices that reduce competition, such as price fixing. These laws are crucial for maintaining a competitive marketplace and protecting consumers from unfair pricing. Since the local cranberry growers had made an agreement under which they pooled their cranberry crops each year and sold them at…SECTION B Read the following extract and then answer the question belowTwo business entities come to you for assistance and they would like enter into a stock agreement supply. The other is a manufacturer and one is a retailer. It is their fist time to be committing to such a huge business arrangement and they both realise that it is important to do it right because as much as it looks like a great business deal, should it fail to work, it can lead to serious business losses that can even lead to liquidation and litigation. All they ask for is to be advised on the essentials of a valid business contract, and the need to explain conditions for compensating parties for breach of contract. In doing that, it is important to quote relevant authorities. Evaluate how the two enterprises need to be assisted.
- What were the critical issues with Red Star, Ashmark, and their relationship that led to this situation? What is the role of the original equipment manufacturers in this situation? What were some of the actions taken by Ashmark immediately after the bankruptcy, and what should Ashmark do next?A few years ago, a prominent pharmaceutical company was accused by the Justice Department of meeting with its competitors and entering into an explicit agreement with these competitors to fix the price of a commonly prescribed drug. (a) What is the difference between horizontal price fixing and vertical price fixing? Was this pharmaceutical company accused of horizontal price fixing or of vertical price fixing? Explain your reasoning. (b) Would the business practice that the pharmaceutical company was accused of be considered per se illegal or would the legality of this practice be judged by the rule-of-reason criterion? If the case had gone to trial, would “plus factors” have been considered to determine the trial’s outcome? Explain your reasoning. (c) Use the course material on the free-market economic system to explain why there are governmental laws against horizontal and vertical price fixing.As a risk advisory consultant, you are asked to evaluate and recommend improvements for the employee onboarding process for Swiftly Tech. During your evaluation you discover that Swiftly Tech's employee data was part of a data breach from a third-party background check provider. What action do you recommend that Swiftly Tech take? Swiftly Tech should require employees to acquire and provide their own background check data. Swiftly Tech should forgo background checks to avoid sharing confidential employee data with other companies. Swiftly Tech should require background check providers to have their own internal controls to ensure confidentiality and security of data. All of these answer choices are correct.
- Can someone help me make a business letter of complaint. Thank you! Scenario: Imagine that you ordered the latest model of cell phone, made a payment of fifty percent of the price through a bank, and was promised by the seller that the product will be delivered to you, brand new. Unfortunately, the cell phone that was delivered to you was a used unit.Your auto insurance company has offered you a 15 percent discount (roughly $200 per year) if you agree to let them install a sophisticated vehicle event data recorder (EDR) in your car. You have read over the terms of the agreement and discover that if you are involved in an accident, you must agree to let the data from the device be collected and analyzed by a third-party accident investigation firm. You must also agree to let findings from this analysis be used in a court of law. What questions would you want answered and what advice might you seek before deciding whether to accept this discount offer?In your own words list the essential components of the Competition Act of Canada.