Directors of a corporation are held to a duty of care to make decisions in a prudent business manner.
a. True
b. False
Indicate whether the statement is true or false
Question 2
In FTC v. Proctor & Gamble, the Supreme Court blocked the merger of Clorox and Proctor & Gamble, even though the companies did not make the same products. The court based its decision on which legal theory?
a. market share liability
b. application of the per se rule c. potential competition
d. strict liability
e. negligence of the companies
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