The Difference Between a Policy and a Law Is That

question 79

True/False

The difference between a policy and a law is that ignorance of a law is an acceptable defense.

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Definitions:

Holding Company

A corporation that owns enough voting stock in another company to control its policy and management.

Conglomerate Merger

A type of merger involving companies that are involved in totally unrelated business activities, aiming for diversification.

Horizontal Merger

A merger between companies operating in the same industry, often as competitors offering similar products or services.

Antitrust Laws

Legislation designed to promote competition and prevent monopolies by regulating the conduct and organization of business corporations, especially to promote fair competition for the benefit of consumers.