Regarding price fixing, which of the following is a correct statement?
A. Ethical standards may be used to fix prices, in which case, the price fixing is not
subject to the Sherman Act.
B. It is legal for competitors to fix a low price if the consumer ultimately benefits.
C. Attempts by manufacturers to control the ultimate sale of their product are analyzed
under the per se illegality.
D. The exchange of price information among creditors is a violation of the Sherman
Act.
E. Cooperation and cosy relationships between competitors cannot be termed illegal.
Which of the following acts protect a “famous” trademark, even if the owner is unable
to prove that the public is confused by another’s use of a similar mark, and provides the
owner with the infringer’s profits, and actual damages?
A. Lanham Act
B. Consumer Protection Act
C. Patent Act
D. Intellectual Property Act
E. Trademark Dilution Act