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Question
In American Needle Inc. v. National Football League, the NFL had entered into an agreement with Reebok to manufacture all of its teams' official goods and claimed that all 32 teams were a single-entity. American Needle sued claiming that the Reebok agreement was an illegal conspiracy under the Sherman Act. The U.S. Supreme Court found that:A.the 32 teams were a collective unit and not subject to the Sherman Act.
B.the 32 teams were not a collective unit and were subject to the Sherman Act.
C.the 32 teams were not a collective unit but were exempt from the Sherman Act because of the economic environment of sports.
D.there was no Sherman Act violation.
Answer
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Related questions
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Which of the following involves a third party substitution?
A.novation
B.accord and satisfaction
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In Mobil Oil Exploration & Producing Southeast, Inc. v. United States:
A.Mobil was able to get out of the contract for the $156 million lease because the new law passed at the last minute changed the terms of the original contract amounting to repudiation by the United States.
B.Mobil was able to get out of the contract for the $156 million lease because the new law passed at the last minute changed the terms of the contract, barring certain types of oil exploration, frustrating Mobil's contractual purpose.
C.Mobil could not claim an anticipatory repudiation because even though as new law had been passed, they had not yet filed their oil excavation plan so they could not know whether they were facing a problem.
D.Mobil could not claim an anticipatory repudiation because even though as new law had been passed, it did not substantially change the terms of the original contract.
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Each of the following is a discharge by mutual consent except:
A.accord and satisfaction.
B.novation.
C.rescission.
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