Question 7 (Mandatory) (5 points) Which of the following is the correct definition for interlocking directorates? Interlocking directorates occur when a sector in the market contains a single business with total control, or close to total control, of the sector. Interlocking directorates occur when the same individual makes business decisions for companies that compete against one another. Interlocking directorates occur when a business deal unites two existing companies to form one new company. Interlocking directorates occur when a company buys most, and possibly all of the stock in a target company in an effort to gain control of the target company