Multiple Choice
When the International Association of Machinists brought a suit claiming that an agreement by member states of the Organization of Petroleum Exporting Countries (OPEC) to increase the price of crude oil through taxes and price-setting was in violation of Sections 1 and 2 of the Act, the federal district court dismissed the case for lack of jurisdiction based on the
Doctrine.
A) Sherman; act-of-state
B) Sherman; commercial impracticability
C) Clayton; substantial performance
D) Clayton; frustration of purpose
Correct Answer:
Verified
Correct Answer:
Verified
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