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14. Anti-discrimination Laws and Other Marketing Regulations

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14. Anti-discrimination Laws and Other Marketing Regulations

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Questions and Answers

What is the purpose of a group boycott in real estate?

To encourage competition

To promote fair participation

To eliminate competition (correct)

To ensure equal opportunity

'Market allocation' refers to business competitors agreeing to what practice?

Selling products at discounted prices within a specific market area

Splitting market shares evenly amongst all competitors

Agreeing not to compete in certain areas or with certain customers (correct)

Launching a joint marketing campaign for a particular product

What is defined as an agreement to sell one product only on the condition that the buyer also purchases a different product?

Exclusive Deal

Mandatory Package

Tied-product Arrangement (correct)

Compulsory Set

'Price fixing' is defined as the cooperative setting of prices or price...

... fixing. Signup and view all the answers

What practice involves mortgage lenders refusing to lend money to borrowers in certain areas?

Redlining Signup and view all the answers

What does the American with Disabilities Act abbreviation stand for?

ADA Signup and view all the answers

What legislation requires a lender to make lending decisions based on the merits of the borrower and the security property?

California Housing Financial Discrimination Act Signup and view all the answers

Which legislation aims to promote competition in business by preventing monopolies?

Antitrust legislation Signup and view all the answers

What do business competitors engage in when they agree not to sell certain products or services in specific areas?

Market allocation Signup and view all the answers

'Panic peddling' or 'panic selling' is commonly referred to as

'Fire sale' of products or services due to fear or urgency Signup and view all the answers