Bob Is on the Board of Directors of Both Acme

question 41

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 had 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 corporations.
• B) Bob must resign from the Board of Directors of Acme Corporation.
• 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:

Random Sample

A selection technique where participants are chosen randomly from a larger population, ensuring that every individual has an equal chance of being included in the sample, used to gather unbiased data.

Randomization

The process of making something random; in experimental design, it is the practice of assigning trial subjects randomly to treatment or control groups to prevent bias.

Equal Chance

A principle that aims to provide every individual with the same opportunity to achieve success, without any discrimination or bias.

Research Group

A team of individuals conducting investigations on specific subjects within scientific, academic, or commercial settings, aiming to gain new insights or solve problems.