Virginia Real Estate Exam Practice Question
Violation of the Sherman Antitrust Act may be subject to fines. For what amount may corporations and individuals be liable?
Correct Answer: B
Rationale: Under the Sherman Antitrust Act, corporations can face fines of up to $100 million for violations, reflecting the serious nature of antitrust offenses. Individuals can be fined up to $1 million, ensuring personal accountability in corporate misconduct.
Option A is incorrect as the fines are significantly lower than the actual penalties. Option C underestimates the potential fines for corporations, while maintaining the correct individual fine. Option D also misrepresents the fines, placing them at a much lower threshold than what is stipulated by the law. Thus, option B accurately reflects the legal consequences for violations.
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