Which one of the following statements is TRUE?
A. Companies with interlocking boards of directors have directors that serve on both boards.
B. The more members of a board of directors, the better its function.
C. A company has an interlocking board of directors if the CEO also serves as the chairman of the board of directors.
D. A company whose board members are elected in staggered terms is said to be an interlocking board of directors.
E. A shareholder-friendly charter will make it harder for a company to be acquired.
Answer: A
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Indicate whether the statement is true or false
ASEAN was formed by which nations in 1967?
A) Indonesia, Malaysia, the Philippines, Singapore, and Thailand B) Thailand, Japan, Indonesia, Singapore, and the Philippines C) Japan, China, Singapore, Malaysia, and Vietnam D) Thailand, Indonesia, the Philippines, Malaysia, and China E) Thailand, Malaysia, Indonesia, Japan, and South Korea
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Ed was an independent owner of a chain of TV stores. He successfully got customers into his store by cutting his prices on widely advertised name-brand products in order to sell other products for which he received a bigger profit. When the manufacturers of three of the name-brand products discovered Ed's actions, they agreed secretly to stop selling him their TVs. The three manufacturers
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