All of the Following Statements Are True Except

question 97

Multiple Choice

All of the following statements are true except:

• A) poison pills discourage hostile takeovers.
• B) poison pills discourage potential high takeover bids.
• C) shareholders have to approve the acceptance of poison pill strategies before a corporation can use them.
• D) many institutional investors are opposed to the poison pill.

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Definitions:

American Civil Liberties Union

An organization dedicated to defending and preserving the individual rights and liberties guaranteed to every person in the U.S. by the Constitution and laws.

Right to Privacy

The individual's right to keep their personal affairs and choices from public scrutiny, and to protect their personal information from being disclosed.

Meyer v. Nebraska

A 1923 Supreme Court case that struck down a state law restricting the teaching of foreign languages to children, ruling it as a violation of the Fourteenth Amendment’s due process clause.

Public Schools

Educational institutions funded and controlled by the government, providing free education to students.