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Question 1.1. (TCO4) Compare and contrast the termination of an agency by impossibility of
performance and termination of an agency by operation of law.(Points : 10)
Question 2.2. (TCO 4) Why cant an injured worker both receive workers compensation and sue
the employer for damages? Isthereanyexceptiontothis? (Points : 10)
Question 3.3. (TCO 5) What is the difference between horizontal and vertical price fixing?
(Points : 10)
Question 4.4. (TCO 5) Compare and contrast the two rules developed by the U.S. Supreme
Court for determining the lawfulness of a restraint under Section 1 of the Sherman Act.(Points :
10)
Question 6.6. (TCO 4) Discuss the importance of providing a notice of termination for an
agency.(Points : 10)
Question 7.7. (TCO 4) Discuss in detail which categories of employees are exempt from the
federal minimum wage and overtime pay requirements.(Points : 10)
Question 8.8. (TCO 5) Explain how the SEC governs trading in securities when inside
information about a company is possessed by an outsider to the company. Provideanexample.
(Points : 10)
Question 9.9. (TCO 5) What elements of direct price discrimination must be shown in order to
prove a violation of Section 2(a) of the Robinson-Patman Act?(Points : 10)
Question 10.10. (TCO 5) Explain with an example the circumstances under which the
employment of a younger person over an older person does not constitute discrimination.
(Points : 10)
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