A Corporation May Extend a Tender Offer When It Desires

question 218

Essay

A corporation may extend a tender offer when it desires to acquire treasury stock.

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Definitions:

Employment Discrimination

Involves treating an employee or job applicant unfavorably because of race, gender, national origin, disability, or other protected characteristics.

Civil Rights Act

A landmark piece of U.S. legislation passed in 1964 that outlaws discrimination based on race, color, religion, sex, or national origin.

Bona Fide Occupational Qualification

A legal term allowing employers to hire individuals based on characteristics that are normally considered discrimination if they are reasonably necessary to the normal operation of a particular business.

Civil Rights Act

A crucial U.S. law that bans discrimination rooted in race, color, religious beliefs, gender, or where someone comes from.