A Dissident Group Solicits Votes in an Attempt to Replace

question 5

Multiple Choice

A dissident group solicits votes in an attempt to replace existing management. This is called a

• A)proxy fight.
• B)shareholder derivative action.
• C)tender offer.
• D)management freeze-out.

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Definitions:

Imported Items

Goods brought into a country from abroad for sale.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries or to generate revenue.

Import Quotas

Limits set by a government on the amount or value of certain goods that can be imported into a country, usually to protect domestic industries.

Voluntary Export Restraints

These are self-imposed limits by exporting countries on the volume of their exports to a particular country, usually to avoid stricter trade barriers.