The term "golden parachute" refers to
A. pay given to executives fired because of a takeover.
B. a clause requiring that huge dividend payments be made upon takeover.
C. managers of a firm in a hostile takeover approaching a third party about making the acquisition.
D. financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it.
Answer: A
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_____ is said to occur when policymakers must increase inflation in response to an increase in the expected inflation rate.
A. A liquidity trap B. An expectations trap. C. An adaptive expectations trap D. An inflation trap
If an agent indulges in commingling, he ________.
A. will not be liable for any loss to the principal if the property is not wrongfully used B. bears the risk of any loss to the principal C. probably will not be liable for loss to the principal D. is breaching the duty to communicate information
When classified according to complexity, a public transportation system project would be classified as a
A) Level 2. B) Level 3. C) Level 1. D) Level 4.
Intellectual property is also called tangible property
a. True b. False Indicate whether the statement is true or false