Which of the Following Is True of the Sherman Act

Multiple Choice

Which of the following is true of the Sherman Act?

A) The Sherman Act applies only to the sale of goods.
B) Price fixing in the service sector is permitted under the Sherman Act.
C) Maximum-price agreements are illegal, while minimum-price agreements are not.
D) The Sherman Act covers services, including those performed by the learned professions.
E) An action is not considered to be price fixing if the prices fixed are fair or reasonable.