Section of the Clayton Act Prohibits an Individual from Becoming

question 54

Multiple Choice

Section of the Clayton Act prohibits an individual from becoming a director in two or more corporations if any of them has capital, surplus, and individual profits aggregating more than $21,327,000 or competitive sales of $2,132,000 when engaged in interstate commerce.

• A) 2
• B) 8
• C) 3
• D) 7

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Definitions:

Import Quotas

Government-imposed limits on the amount or volume of goods that can be imported into a country.

Imported Products

Goods or services brought into one country from another, contributing to international trade and consumer choices.

Domestic Supply

The aggregate production of goods and services within a country, intended for use inside the country or for export.

Domestic Demand

The total demand for goods and services within the domestic economy, excluding exports but including imports.