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A Virtual Corporation Runs the Risk That Its Outsourcing Contractors

question 29

True/False

A virtual corporation runs the risk that its outsourcing contractors renege on the arrangement, and take over the role of the virtual corporation as well, including all the profits.


Definitions:

Per Se Violation

An action that by its very existence carries with it liability, as opposed to an action that violates a rule of reason.

Sherman Act

A landmark federal statute in antitrust law that prohibits monopolistic practices and promotes competition.

Conglomerate Merger

A merger in which a company merges with another company that is not a competitor or a buyer or seller to the company.

Sherman Act

A United States antitrust law passed in 1890 that prohibits monopolistic practices and promotes competition.

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