Which of the Following Is True Regarding Hostile Takeovers in the European

question 20

Multiple Choice

Which of the following is true regarding hostile takeovers in the European Union?

• A) All member states must observe the neutrality rule and the breakthrough rule.
• B) Member states may opt out of the neutrality rule and the breakthrough rule.
• C) Member states may opt out of the neutrality rule,but all member states must observe the breakthrough rule.
• D) Member states may opt out of the breakthrough rule,but all member states must observe the neutrality rule.

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Definitions:

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from the debts of the partnership beyond their investment.

General Partner

A type of owner in a partnership who has unlimited liability and is actively involved in the management of the business.

Entrepreneur

An individual who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Entrepreneurs

Individuals who create, launch, and manage new businesses, often taking on considerable risk in the expectation of profit.