Bob Is on the Board of Directors of Both Acme

question 56

Multiple Choice

Bob is on the board of directors of both Acme Corporation and Beta Corporation.Acme recently acquired Teen Co. ,a retailer of teen girls' clothing.Beta Corporation previously acquired Limitless Co. ,another retailer of teen girls' clothing.Except the teen girls' clothing business,Acme and Beta do not have any other competing businesses.Under the Antitrust Amendments of 1990:

• A)Bob must resign from the board of directors of both Acme and Beta.
• B)Bob must resign from the board of directors of Acme.
• C)Bob need not resign from either board of directors if the teen girls' clothing business contributes minimally to either organization's sales.
• D)Bob need not resign until a competitor of Limitless and Teen Co.successfully challenges Acme's acquisition.

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Definitions:

Sexy Pictures

Photographs that emphasize sexual attractiveness or include provocative poses or content.

Brassieres

Garments designed to support or cover a woman's breasts.

Extramarital Affairs

Romantic or sexual relationships that occur outside of marriage and breach the marital agreement of monogamy.

Attractive Females

Women who are considered physically pleasing or appealing in accordance to societal standards.