Which One of the Following Statements Concerning a Reverse Triangular

question 60

Multiple Choice

Which one of the following statements concerning a reverse triangular merger is false?

• A)Subsidiary corporation is merged into target corporation.
• B)Voting stock of parent corporation is given to shareholders of target corporation in return for all of target's assets.
• C)Parent corporation must obtain at least 80 percent of voting and at least 80 percent of nonvoting stock of the target corporation.
• D)All of the above statements are true.

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Definitions:

Economic Benefit

Economic benefit refers to the positive impact on the wealth or financial state of an individual, organization, or society resulting from an action or decision.

Job Responsibility

The set of duties or tasks that are associated with a particular job role.

Motivation Factors

Elements or conditions within the work environment that enhance employee's desire to work more efficiently and effectively.

Job Enrichment

The process of making a job more rewarding, engaging, and satisfying for the employees by adding more meaningful tasks and giving them more control over their work.