The Primary Purpose of RICO Was

question 4

Multiple Choice

The primary purpose of RICO was

• A)to be a tool against organized crime.
• B)to raise revenue.
• C)to prosecute non-citizens.
• D)to prosecute those engaged in tax fraud.

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Definitions:

Wholly Owned Subsidiary

A company whose entire stock is held by another company, making it 100% owned by the parent company.

Targeted Share Repurchase

A strategy used by companies to buy back shares specifically from certain shareholders, often to avoid a takeover threat.

Supermajority

A requirement for a high percentage of votes, typically greater than a simple majority, to approve a proposal or motion.

Defensive Tactic

Strategies employed by companies to prevent or deter unwanted takeover bids or corporate raiders.