An Equity Carve-Out Differs from a Spin-Off for All but Which

question 58

Multiple Choice

An equity carve-out differs from a spin-off for all but which one of the following reasons?

• A) Generates a cash infusion into the parent
• B) Is undertaken when the unit has very little synergy with the parent
• C) The proceeds often are taxable to the parent
• D) Continues to be influenced by the parent's management and board
• E) The carve-out's shareholders may differ from those of the parent's shareholders

Understand the global impact of inequality and the distribution of resources.

Understand the role and influence of individual differences in predicting behaviors.

Identify the key theoretical approaches to personality and their foundational theorists.

Analyze the concept of traits and their importance in personality psychology.

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Definitions:

U.S. Government Securities

Financial instruments issued by the U.S. Department of the Treasury or other federal government agencies to finance federal spending, including Treasury bonds, notes, and bills.

Bank Reserves

The amounts of funds that a bank holds in its reserve account with the central bank or as cash in vault, to meet any sudden withdrawals.

Market Rate

The prevailing price or interest rate at which goods, services, or securities are bought and sold in a competitive marketplace.

Independence

Independence is the condition of a nation, country, or state which exercises self-governance, and sovereignty, over its territory.