Which of the Following Is the Best Definition of a Circular

question 266

Multiple Choice

Which of the following is the best definition of a circular bid?

• A) An interest controlling 50 percent of outstanding votes plus one; thereby it may decide the fate of the firm.
• B) Corporate takeover bid communicated to the shareholders by direct mail.
• C) A merger in which a new firm is created and both the acquired and acquiring firm cease to exist.
• D) The splitting up of a company into two or more companies.
• E) The distribution of shares in a subsidiary to existing parent company shareholders.

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Definitions:

Negative Reinforcement

Negative reinforcement involves the removal of an undesirable or unpleasant stimulus to increase the likelihood of a particular behavior being repeated.

Positive Reinforcement

A process in psychology that involves increasing the likelihood of a behavior by following it with a desirable consequence or reward.

Negative Reinforcement

A process in behavioral psychology where the removal of an unpleasant stimulus strengthens or increases the probability of a response.

Conditioned Taste Aversion

The learned avoidance of a certain food or drink because it has been associated with an unpleasant or aversive experience.