Author Question: Directors of a corporation are held to a duty of care to make decisions in a prudent business ... (Read 114 times)

burchfield96

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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



makaylafy

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Answer to Question 1

TRUE

Answer to Question 2

c



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