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Which of the following statements is false?
Management Buyouts
A transaction where a company's management team purchases the assets and operations of the business they manage, becoming the new owners.
Borrowed Funds
Money that has been loaned to a borrower, which they are obligated to repay, typically with interest.
Affirmative Majority Vote
A decision-making process where a proposition is passed if it receives more than half of the votes cast by those entitled to vote.
Boards of Directors
Groups of elected individuals who represent shareholders' interests, making major decisions and overseeing the management of a corporation.
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