A Person Who Serves Simultaneously on the Board of a Financial

question 147

Multiple Choice

A person who serves simultaneously on the board of a financial institution (for example a bank) and the board of a commercial corporation (such as a computer manufacturing company) that borrows money from the bank, exemplifies a(n) __________.

• A)interlocking corporate directorate.
• B)professional conglomeration.
• C)shared directorate.
• D)oligopoly director.

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Definitions:

Dual Earner

Refers to households or partnerships where both members are employed and contribute financially.

Social Exchange Theory

A theory suggesting that human relationships and social interactions are based on the exchange of resources, rewards, and benefits.

Equality in Marriage

The state in which spouses share responsibilities, decisions, and power equally within their relationship.

Cohabit

To live together and have a sexual relationship without being married.