Examlex

Solved

Several States Have Made the Possession of Small Quantities of Marijuana

question 20

Multiple Choice

Several states have made the possession of small quantities of marijuana a civil infraction, similar to a parking ticket. This policy is referred to as:


Definitions:

Vertical Merger

A merger between companies when one is a supplier or a customer of the other.

Horizontal Merger

A merger between companies in the same line of business, usually as competitors.

Tender Offer

An offer to purchase some or all of shareholders' shares in a corporation at a specific price for a certain period.

Equity Carve-out

A corporate strategy where a company creates a new, independent company by selling or distributing new shares of its existing business.

Related Questions