LP-2

Question 1

Sherman Act

Answer 1

Prohibits any agreement that has the effect of unreasonably restraining trade, including conspiracies

Question 2

Activities that violate the Sherman act

Answer 2

Price-fixing
Group boycotts
Tie-in arrangements
Market allocation

Question 3

Exemptions from the fair housing act

Answer 3

1. Sale or rental of a single-family home by its owner, subject to qualifications
2. Rental of a unit or a room in a dwelling with up to four units in an owner-occupied home
3. Religious organizations or societies were affiliated nonprofit organization’s occupancy two or give preference to their own members when dealing with their own property in nine commercial transactions
4. Private clubs with watching us that are open to the public that aren’t operated for a commercial purposes

Question 4

Blockbusting

Answer 4

When someone tries to reduce homeowners to list or sell their properties by predicament members of another race will be moving into the neighborhood and that this will have undesirable consequences such as lower property values

Question 5

Steering

Answer 5

Channeling perspective buyers are tenants toward or away from specific neighborhoods based on their race in order to maintain or change the character of those neighborhoods

Question 6

Redlining

Answer 6

Refusal to make a loan because of the racial or ethnic composition of the neighborhood in which the security property is located

Question 7

tie-in arrangement

Answer 7

In agreement to sell one product only on the condition that the buyer also purchases a different product

Question 8

Market allocation

Answer 8

An agreement between brokers not to compete with each other in certain areas are markets

Question 9

Square feet in an acre

Answer 9

43,560 square feet

Question 10

The discrimination suit maybe filed in federal court by…

Answer 10

The aggrieved person (and not the HUD)