It is illegal for a company to hold a monopoly on a good or service.
true
false

It is illegal for a company to hold a monopoly on a good or service is false statement.

Monopoly is referred to as situation in the market where there is one and only one player of a particular/bunch of goods or services or both. In the situation of monopoly, the single player can charge the customers as per their wish, as there are no big players in current market. Sometimes, to avoid charging high, government bans company to hold a monopoly. Monopoly can be hold be a company either directly or indirectly.

Company can directly compete and try to take down the other competitors, if any, or directly acquire their company. Or company can indirectly build a very supreme product in such a way that no player is able to compete with them. In some cases, government can ban, but in some cases, even government cannot do anything to remove monopoly. Hence, it is not illegal for a company to hold a monopoly in every case, though it is illegal in few cases, but not in all the goods and services.

moped

explanation:

according to florida law a moped is a motor vehicle that has pedals and can be propelled by human power. it has a seat and 2 or 3 wheels.

vehicle inspection tests are conducted to ensure that a vehicle is safe to operate. during the vehicle inspection test, you will be expected to explain or show your knowledge of the vehicle inspection process.

during the vehicle inspection test, you must show that the vehicle is safe to drive. you will have to walk around the vehicle and point to or touch each item and explain to the examiner what you are checking and why. you will not have to crawl under the hood or under the vehicle. the brake lights, emergency flashers, turn signals, and horn must be checked. if any of these items do not work, the skills and road portions of the test will be postponed.