The Dow Jones Industrial Average (DJIA) is computed by
A) adding the prices of 30 large "blue-chip" stocks and dividing by 30. B) calculating the total market value of the 30 firms in the index and dividing by 30. C) adding the prices of the 30 stocks in the index and dividing by a divisor. D) adding the prices of the 500 stocks in the index and dividing by a divisor. E) adding the prices of the 30 stocks in the index and dividing by the value of these stocks as of some base date period.
Although the Sherman Act indicates that ''every'' restraint on trade is illegal,courts have held that the Sherman Act is applied only when a competitor acts in what way?
A) Unreasonably B) When the competitor is profiting C) When the competitor has obtained a monopoly D) When the corporation has 6000 or more employees
The Garden Club orders 40 T-shirts from Shirt City,Inc.to be printed with the club name and motto for a total price of $400.The Garden Club breaches the contract,and Shirt City discovers that the resale value of the shirts is $1 each.Shirt City may sue the Garden Club for the order price of the T-shirts.