Eric doesn't take over the company.
4 seconds sound clip from the Billy Madison movie soundboard.
You can hear this line at 01:24:12 in the Blu-ray version of the movie.
Quote context
[...]
- Anyways, this hotel stuff really isn't for me.
- So I decided to step down as chairman of Madison Hotels, and give the company to Carl.
- I'm gonna go to college. I'm gonna be a teacher.
- Daddy! What can I say? I saved the day, I guess.
- Eric doesn't take over the company.
- Are you sure this is what you want to do?
- I'm sure, Dad. And thanks for everything.
- Max! What can I say, buddy? You saved my life.
- You don't have to say anything. I'm so proud of you.
- Jesus! All right, man, you're hurting me.
[...]