20Under the due care theory, the consumer who is injured by a defective product that had been produced carelessly cannot hold the manufacturer liable. * False True

21-Pepsi and Coca Cola are an example of indirect competition. * False True

22-Vertical business agreements are anti-competitive, whereas horizontal business agreements are purely competitive. * True False

23-Imitating the competitors product is considered an ethical act as long as this act is not discovered by the governmental authorities. * True False

24-Negligence refers to the absence of, or failure to exercise, proper or ordinary care. * True False