A Short-Form Merger

question 2

Multiple Choice

A short-form merger:

• A) is not a merger at all but a form of consolidation.
• B) may be undertaken only with the subsidiary's directors' approval.
• C) allows no appraisal rights for the parent's minority shareholders.
• D) requires shareholder approval.

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Definitions:

Tax Evasion

represents illegal practices to avoid paying taxes, typically by underreporting income, inflating deductions, or hiding money in undisclosed locations.

Tax Laws

Legislation governing the collection of taxes by the government from individuals and businesses, dictating the rates, exemptions, and penalties.

White-collar Criminals

Individuals who commit crimes within the context of their professional occupations, often involving fraud or embezzlement.

Deviance

Behaviors or actions that violate societal norms or values, leading to negative social reactions.