The Federal Trade Commission Typically Does Not Challenge Mergers Between

question 13

Multiple Choice

The Federal Trade Commission typically does not challenge mergers between two hospitals where one of the hospitals has an average of fewer than one hundred beds, and

• A) Less than $50 million dollars in total assets
• B) Has an average daily inpatient census of fewer than seventy-five patients over the five most recent years
• C) Has between $50 million and less than $100 million in total assets
• D) Has an average daily census of fewer than forty patients over the three most recent years

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Definitions:

Emancipated

The condition of being freed from legal, social, or political restrictions; commonly referring to a minor legally recognized as capable of acting as an adult.

Age of Majority

The legal age at which an individual is considered an adult and responsible for his or her own actions, varying by jurisdiction.

Legal Capacity

The ability of an individual or entity to enter into legally binding contracts, recognizing that the person has the requisite age and mental capability to understand and agree to the terms.

Mental Ability

Refers to the capacity to perform cognitive tasks, understand complex ideas, learn from experience, apply logic and reason, and adapt to new situations.