Spin-Off Is a Type of Divestiture in Which the Assets

question 37

True/False

spin-off is a type of divestiture in which the assets of a division are sold to another firm.

---

Definitions:

English Civil War

A series of armed conflicts and political machinations between Parliamentarians ("Roundheads") and Royalists ("Cavaliers") in England in the mid-17th century.

Chesapeake

A region in the United States characterized by the Chesapeake Bay, significant for its historical role in the American colonies and its diverse ecosystems.

New England

A region in the northeastern United States, known for its distinct historical significance, cultural heritage, and role in the early settlement and formation of the country.

Indians

Refers to the indigenous peoples of the Americas; also used to denote people from the Republic of India.