In a De Facto Merger

question 16

Multiple Choice

In a de facto merger:

• A) Bidders may be able to avoid all the target's liabilities
• B) Bidders own at least 30% of the target's stock
• C) Only California law applies
• D) The bidder is considered to have acquired the target even if no formal acquisition took place True or False Questions

---

Definitions:

War Of 1812

War fought with Britain, 1812–1814, over issues that included impressment of American sailors, interference with shipping, and collusion with Northwest Territory Indians; settled by the Treaty of Ghent in 1814.

Military Industrial Growth

The expansion and strengthening of a nation's armed forces and related industries, often associated with increased production of military technology and equipment.

Technology Industry

A sector of the economy focused on the development, production, and marketing of computer software, hardware, and other electronic devices.

Good Neighbor Policy

A foreign policy adopted by the United States in the 1930s, aimed at strengthening friendly relations and mutual defense with the countries of Latin America.