Explain what the robinson-patman act prohibits


Discussion Post

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

• Sly Salesperson sells cars. While selling a car, Sly Salesperson tells the potential buyer that "this is the best car around. It's a great car and sips gas." The car has an average fuel rating. Has Sly Salesperson committed a misrepresentation? Fraud? Why or why not? Does the analysis change if Sly Salesperson says the car get 40 miles per gallon, but in fact the car only gets 30 miles per gallon?

• What factors have courts considered when evaluating factual statements versus opinion-based statements? Could there still be liability for purely opinion-based statements?

• Explain what the Robinson-Patman Act prohibits, what is required to show a violation, and what the defenses are.

• Explain the differences in patents, copyrights, and trademarks, including the length of each and examples of each.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

Solution Preview :

Prepared by a verified Expert
Microeconomics: Explain what the robinson-patman act prohibits
Reference No:- TGS03112332

Now Priced at $25 (50% Discount)

Recommended (90%)

Rated (4.3/5)