Which of the following is an example of an interlocking directorate?
A)Jane and Sam are both directors of Ajax Company.
B)Jane is on the board of Ajax Company,and Sam is on the board of Acme Company.Ajax and Acme are in the same industry.
C)Jane is on the board of Ajax Company,and her husband,Sam,is on the board of Acme Company.
D)Jane is on the board of Ajax Company and she owns shares in Acme Company.
E)Jane is on the boards of Ajax Company and Acme Company.

Question

Quizplus · Accepted Answer

An interlocking directorate occurs when a person serves on the boards of directors of two or more competing companies, as in option E where Jane is on the boards of both Ajax Company and Acme Company.

Which of the Following Is an Example of an Interlocking