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Author Question: Interlocking directorates are illegal under the Clayton Act only when their effect is to lessen ... (Read 97 times)

lidoalex

  • Hero Member
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  • Posts: 538
on: Jun 30, 2018
Interlocking directorates are illegal under the Clayton Act only when their effect is to lessen competition substantially.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A subprime mortgage is:
 a. a mortgage in which the borrower gets an interest rate below the prime rate.
  b. a mortgage in which the interest rate is adjustable.
 c. a mortgage for which the home is valued below its true market value.
 d. a mortgage in which the borrower has a poor credit rating.
 e. a mortgage for a home that was in foreclosure.


deja

  • Sr. Member
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  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


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