Antitrust Laws Differ Among Countries, and Complying with Them Is

question 36

Multiple Choice

Antitrust laws differ among countries, and complying with them is often difficult for the firm, so:

• A) international firms have had to increase their legal staff to ensure compliance.
• B) the U.S. government is pushing for a world organization to clear antitrust issues.
• C) firms have moved toward fewer mergers and more regionalized organizations.
• D) firms expect to be in antitrust litigation and act accordingly.
• E) two of the above.

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Definitions:

Noncumulative

Describes preferences or rights that do not carry over or accumulate if they are not used within a certain period.

Nonparticipating

In the context of insurance or preferred stock, referring to policies or shares that do not entitle the holder to share in profits beyond a specified amount.

Stockholders

Individuals or entities that own shares in a corporation, thus holding an ownership stake.

Dividends in Arrears

Dividends on cumulative preferred stock that have not been paid in the period they were due, accumulating until paid by the corporation.