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According to the Clayton Act, persons are not allowed to serve as the director on more than board(s) in the same industry. three O four O two O five one
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  • The correct answer = Option #5: ONE
  • A person is not allowed to serve as the director on more than ONE board in the same industry.
  • Interlocking directorates clause of Clayton Act states an arrangement whereby it is illegal for a director of a company to be director of another company is the same industry.
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