The Term "Golden Parachute" Refers to

question 16

Multiple Choice

The term "golden parachute" refers to

• A) a clause requiring that huge dividend payments be made upon takeover.
• B) financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it.
• C) managers of a firm involved in a hostile takeover approaching a third party about making the acquisition.
• D) pay given to executives fired because of a takeover.

---

Definitions:

Multilateral Trade

International trade conducted between more than two countries, without discrimination against any of the participating countries.

Political Unrest

Situations of disorder or instability in a political context, which can impact businesses by disrupting operations, supply chains, or markets.

Aging Population

The demographic trend characterized by an increase in the proportion of elderly people in the population, often leading to shifts in healthcare, pension, and labor market policies.