An Anti-Takeover Measure That Is Inserted in the Corporate Charter

question 64

Multiple Choice

An anti-takeover measure that is inserted in the corporate charter stating that 80% of the stock shares must approve the takeover proposal is a(n) ____.

• A) golden parachute
• B) supermajority voting rules
• C) poison puts
• D) standstill agreement

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Definitions:

Cyclopentanol

An organic compound with the formula C5H10O, consisting of a cyclopentane ring bonded to a hydroxyl group, serving as an alcohol.

TsCl

Tosyl chloride, a compound used to activate alcohols for substitution reactions or convert them into tosylates, enhancing their reactivity.

LiAlH4

Lithium aluminium hydride, a strong reducing agent commonly used in organic chemistry to reduce aldehydes, ketones, and esters to alcohols.

Methanol Poisoning

A toxic condition resulting from the ingestion of methanol, causing symptoms such as visual disturbances and metabolic acidosis.