Furnaces & Filters Inc. is a public company whose shares are traded in the public securities markets. Under the Sarbanes-Oxley Act of 2002, to ensure that the firms financial results are accurate and timely, its senior officers must set up and maintain

a. public information and discussion forums.

b. internal disclosure controls and procedures.

c. external release and reveal timetables.

d.

personal peruse and review liability policies.

Ranch Supplies Company believes that its chief competitor Stock & Equipment Inc. engages in anticompetitive behavior in an attempt to drive Ranch Supplies out of the market. Under the Clayton Act, Ranch Supplies can sue Stock & Equipment for a violation of

a. the Clayton Act only.

b. any of the federal antirust laws.

c. none of the choices.

d.

the Sherman Act only.

Buck is a director on the board of Construction Corporation. The board delegates work to Don, Constructions president, and other corporate officers. Buck fails to reasonably supervise the work. He is most likely liable for

a. negligence or mismanagement.

b. breach of the business judgment rule.

c. breach of the duty of loyalty.

d. none of the choices.