________ is an antitakeover tactic in which existing shareholders have the option to buy additional shares of stock at a discount to the current market price.
A. Greenmail
B. A golden parachute
C. Scorched earth
D. A poison pill
Answer: D
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The periodic inventory system provides an up-to-date amount of inventory on hand
Indicate whether the statement is true or false
The most complete financial newspaper in the United States is the Financial Times
Indicate whether the statement is true or false
The definition of sustainability developed by the UN's Brundtland Commission refers to:
A. Business practices that utilize the triple bottom line for valuation. B. Business practices that meet the needs of the current generation without compromising the ability of future generations to meet their needs. C. Business practices that support communities in the developing world. D. Businesses practices that engage in corporate social responsibility regardless of whether they communicate this with their customers or add profit. E. Business practices that institute a CSR plan.
Larson entered Forrester's Auto Mart to purchase a used car. Larson found a vehicle with a sales price of $11,000 . After Forrester answered all of Larson's questions, Forrester and Larson agreed to a sale. As Larson was leaving to get the money to pay for the car, Forrester told Larson that he thinks Robert Redford formerly owned the car. Larson later learned that Robert Redford had never owned
the car. If Larson seeks to rescind the deal based on Forrester's statement, Larson will a. win because he relied on the misrepresentation. b. win because there was a misrepresentation of a material fact. c. lose because he will not be able to prove reliance on the misrepresentation. d. lose because Forrester made a unilateral mistake.