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The Clayton Act prohibits price discrimination between different buyers of like
commodities when the effect may be to substantially lessen competition.
Equal employment opportunity laws provide protection for minorities and women, but
the disabled are not within the protection of the laws.
A limited partner may receive a share of the profits.
Several layers of law are enacted at different levels of government to provide the
framework for business and personal rights and duties. At the base of this framework of
laws is constitutional law.
A partnership is not dissolved by the death of a partner.
Instruments may not be negotiated if they have been dishonored by non-acceptance.
According to the intended user rule the accountant must have furnished the information
directly to the nonprivity user or to the client knowing that they client would transmit
the information.
Subchapter S corporations have the benefits of limited liability as in partnerships and
are taxed as corporations.
Generally, advertisements, catalog prices, and circulars are offers that can be accepted.
The primary party on a draft is the drawee, assuming that the drawee has accepted the
draft.
